Property prices for rent in Lufkin (Texas)
The rent prices in real estate in Lufkin, 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 Lufkin has risen during the last 6 months. In October, the average price per sq.feet was $1.14. In November this price barely changed remaining at $1.16 per sq.feet. In the following two months the price per sq.feet has risen 107 %, going from $1.15 to $1.24 per sq.feet. The price per sq.feet has had a considerable rise of 119 % 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 $1.19 to $1.41 during February, and March.
When referring to the price in Lufkin (cities), there have hardly been any changes in the last 6 months. The average price for October is $1,455. During November the price had a slight fall till $1,310. During the following two months (December, January) the average price fell 94 % 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 increased 112 % 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 $1,485 they are 43 % more affordable than the average price for Lufkin . The properties with the highest average price have 2 bedrooms, Their price is 760 % more expensive than the average. After that we have properties with 4 bedrooms priced at $1,864.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $1.35 / sq.feet price in Lufkin. The properties with the most expensive average prices have 2 bedrooms. They are 844 % more expensive than the average followed by properties with 1 bedroom with a price at $1.25 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,485 it is 51 % more affordable than the average price in Lufkin. "Land" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Condo". At a price of $1,323 it is 19 % more expensive than the average price.
According to the average area price by sq.feet the most affordable property type is "House with an average cost of $1 / sq.feet. "House" with an average price of $1 / sq.feet has the most affordable price and would be directed at less affluent cities.
