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 January, the average price per sq.feet was $85. In the following month the price per sq.feet fell considerably to $36. The price for the following two months in (March, April) had a considerable fall of 24 with regard to the previous two months. The price per sq.feet has fallen 88 % 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 $37.53 to $32.9 during May, and June.
When referring to the price in Lake Dallas (cities), this has fallen considerably in the last 6 months. The average price for January is $2,617. During February the price had a considerable fall till $2,023. During the following two months (March, April) the average price had a considerable fall of 76 % 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 88 %, going from $2,037.75 to $1,784.5 in May and June.
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 $1,874 they are 48 % more affordable than the average price for Lake Dallas . The properties with the lowest average price have 3 bedrooms, Their price is 17 % more affordable than the average. After that we have properties with 4 bedrooms priced at $1,414.
According to average price per property type in Lake Dallas, "" priced at $1,414 is 25 % lower than the average price ($1,874) in this city.