The rent prices in real estate in Mckinney, 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 Mckinney has risen strongly during the last 6 months. In October, the average price per sq.feet was $1.2. In the following month the price per sq.feet rose to $1.33. In the following two months the price per sq.feet has risen 110 %, going from $1.26 to $1.39 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $1.33 to $1.39 during February y March
When referring to the price in Mckinney (cities), this has fallen in the last 6 months. In our first sample month during October, the average price is $1,644. In November This price remains at $1,563. In the following two months the average price has hardly changed with regard to the previous two months from $1,603.5 to $1,579.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 89 %, going from $1,591.5 to $1,414.5 in February and March.
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 $1,384 they are 22 % more affordable than the average price for Mckinney . The properties with the highest average price have 4 bedrooms, Their price is 81 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,950.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.95 / sq.feet, with an average $1.39 / sq.feet price in Mckinney. The properties with the most expensive average prices have 1 bedroom. They are 6 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.34 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $1,384 it is 7 % more affordable than the average price in Mckinney. "Condo" is seen as the second most affordable property type. The most expensive property type is "House" followed by "". At a price of $1,937 it is 63 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $1 / sq.feet followed by "Apartment" priced at $1.44 / sq.feet. "Condo" is the most expensive type of property with a $46.59 / sq.feet value followed by "Apartment" with an average price of $1.44 / sq.feet.