The rent prices in real estate in Lake Dallas, in the Texas region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Lake Dallas has risen strongly during the last 6 months. In March, the average price per sq.feet was $1.14. In April this price barely changed remaining at $1.13 per sq.feet. The price for the following two months in (May, June) had a considerable rise of 3804 %. The price per sq.feet has had a considerable rise of 276 % 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 $22.16 to $61.1 during July, and August.
When referring to the price in Lake Dallas (cities), this has risen considerably in the last 6 months. In our first sample month during March, the average price is $1,417. In April This price remains at $1,440. During the following two months (May, June) the average price had a considerable rise of 144 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 133 % during the last two months.
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 $2,026 they are 51 % more affordable than the average price for Lake Dallas . The properties with the lowest average price have 3 bedrooms, Their price is 23 % more affordable than the average. After that we have properties with 4 bedrooms priced at $1,434.
With regard to the average prices per sq.feet those properties with 4 bedrooms are 95 % more affordable than the average price of ($2 / sq.feet) in Lake Dallas. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 4 bedrooms. They are 95 % more affordable than the average value aforementioned.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,026 it is 31 % more affordable than the average price in Lake Dallas. "Condo" is seen as the second most affordable property type. The most affordable property is "Condo" followed by "". At a price of $1,398 it is 29 % more affordable than the average price.
According to the average area price by sq.feet the most affordable property type is "Condo with an average cost of $2 / sq.feet. "Condo" with an average price of $2 / sq.feet has the most affordable price and would be directed at less affluent cities.