The rent prices in real estate in Lake Jackson, 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 Jackson has had a strong fall during the last 6 months. In August, the average price per sq.feet was $10.83. In the following month the price per sq.feet fell considerably to $4.27. The price for the following two months in (October, November) had a considerable fall of 19 with regard to the previous two months. The price per sq.feet has had a considerable fall of 30 % 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 $4.5 to $1.35 during December, and January.
When referring to the price in Lake Jackson (cities), there have hardly been any changes in the last 6 months. In our first sample month during August, the average price is $1,293. In September This price remains at $1,321. During the following two months (October, November) the price has had an average rise from $1,307 to $1,394. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,350.5 and $1,285 between December and January.
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 $1,207 they are 13 % more affordable than the average price for Lake Jackson . The properties with the highest average price have 4 bedrooms, Their price is 36 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,413.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.91 / sq.feet, with an average $1.29 / sq.feet price in Lake Jackson. The properties with the most expensive average prices have 1 bedroom. They are 7 % more expensive than the average followed by properties with 3 bedrooms with a price at $1.17 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $1,207 it is 5 % more affordable than the average price in Lake Jackson. "" is seen as the second most affordable property type. The most expensive property type is "" followed by "Apartment". At a price of $1,141 it is 6 % more expensive than the average price.
According to the average area price by sq.feet the most affordable property type is "Apartment with an average cost of $1.17 / sq.feet. "Apartment" with an average price of $1.17 / sq.feet has the most affordable price and would be directed at less affluent cities.