The rent prices in real estate in Lake Dallas, in the Texas region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Lake Dallas has had a strong fall during the last 6 months. In December, the average price per sq.feet was $37.05. In the following month the price per sq.feet fell considerably to $1.16. The price for the following two months in (February, March) had a considerable fall of 7 with regard to the previous two months. The price per sq.feet has had a considerable fall of 12 % 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 $10.21 to $1.23 during April, and May.
When referring to the price in Lake Dallas (cities), this has fallen considerably in the last 6 months. The average price for December is $1,937. During January the price had a considerable fall till $1,526. During the following two months (February, March) the average price had a considerable fall of 78 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $1,538.75 to $1,268, which means a 82 % fall.
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 $1,240 they are 19 % more affordable than the average price for Lake Dallas . The properties with the highest average price have 3 bedrooms, Their price is 24 % more expensive than the average. After that we have properties with 4 bedrooms priced at $1,392.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.11 / sq.feet, with an average $1.23 / sq.feet price in Lake Dallas. The properties with the most expensive average prices have 1 bedroom. They are 12 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.2 / sq.feet.
According to average price per property type in Lake Dallas, "" priced at $1,392 is 12 % more expensive than the average price ($1,240) in this city.