The rent prices in real estate in Kemah, in the Texas region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Kemah has risen during the last 6 months. In October, the average price per sq.feet was $1.58. In the following month the price per sq.feet rose to $1.7. In the following two months the price per sq.feet has practically remained the same, going from $1.64 to $1.72 per sq.feet. The price per sq.feet has risen 108 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $1.68 to $1.82 during February, and March.
When referring to the price in Kemah (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is $1,995. During November the price went through a considerable rise reaching $2,358. During the following two months (December, January) the average price had a considerable rise of 143 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 93 %, going from $2,648.5 to $2,467 in February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $2,240 they are 36 % more affordable than the average price for Kemah . The properties with the highest average price have 4 bedrooms, Their price is 190 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,943.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.64 / sq.feet, with an average $1.79 / sq.feet price in Kemah. The properties with the most expensive average prices have 1 bedroom. They are 16 % more expensive than the average followed by properties with 4 bedrooms with a price at $1.88 / sq.feet.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $2,240 it is 25 % more affordable than the average price in Kemah. "Apartment" is seen as the second most affordable property type. The most expensive property type is "" followed by "House". At a price of $3,505 it is 63 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $1.58 / sq.feet followed by "Apartment" priced at $1.72 / sq.feet. "House" is the most expensive type of property with a $2.03 / sq.feet value followed by "Apartment" with an average price of $1.72 / sq.feet.