The rent prices in real estate in Mineola, 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 Mineola has risen during the last 6 months. In October, the average price per sq.feet was $1.01. In November this price barely changed remaining at $1.06 per sq.feet. In the following two months the price per sq.feet has risen 107 %, going from $1.03 to $1.11 per sq.feet. The price per sq.feet has risen 106 % 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 $1.07 to $1.14 during February, and March.
When referring to the price in Mineola (cities), there have hardly been any changes in the last 6 months. The average price for October is $1,543. During November the price had a slight fall till $1,345. During the following two months (December, January) the price has had an average rise from $1,444 to $1,538. Based on an analysis of the first four prices and the last two months the average price has increased 111 % 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 $1,813 they are 51 % more affordable than the average price for Mineola . The properties with the highest average price have 4 bedrooms, Their price is 38 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,483.
The graph displaying the average rent prices displays the property type "Land" as the most affordable one. At an cost of $1,813 it is 42 % more affordable than the average price in Mineola. "House" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Land". At a price of $1,052 it is 8 % 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.