The rent prices in real estate in New Braunfels, 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 New Braunfels has risen strongly during the last 6 months. In July, the average price per sq.feet was $0.98. In the following month the price per sq.feet rose considerably to $1.17. In the following two months the price per sq.feet has risen 113 %, going from $1.08 to $1.22 per sq.feet. The price per sq.feet has had a considerable rise of 255 % 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 $1.15 to $2.93 during November, and December.
When referring to the price in New Braunfels (cities), there have hardly been any changes in the last 6 months. In our first sample month during July, the average price is $1,457. In August This price remains at $1,433. In the following two months the average price has hardly changed with regard to the previous two months from $1,445 to $1,429.5. 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 $1,437.25 and $1,502 between November and December.
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 $1,512 they are 24 % more affordable than the average price for New Braunfels . The properties with the highest average price have 4 bedrooms, Their price is 23 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,625.
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 $4.62 / sq.feet price in New Braunfels. The properties with the most expensive average prices have 1 bedroom. They are 155 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.48 / sq.feet.
The graph displaying the average rent prices displays the property type "Townhouse" as the most affordable one. At an cost of $1,512 it is 13 % more affordable than the average price in New Braunfels. "Apartment" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "House". At a price of $1,654 it is 13 % 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 $1.03 / sq.feet followed by "Apartment" priced at $8.35 / sq.feet. "Condo" is the most expensive type of property with a $95.23 / sq.feet value followed by "Duplex" with an average price of $10 / sq.feet.