The rent prices in real estate in New Braunfels, in the Texas region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in New Braunfels has fallen during the last 6 months. In March, the average price per sq.feet was $1.38. In the following month the price per sq.feet fell to $1.3. In the following two months the price per sq.feet has practically remained the same, going from $1.34 to $1.33 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 $1.28 during July y August
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 March, the average price is $1,844. In April This price remains at $1,896. In the following two months the average price has hardly changed with regard to the previous two months from $1,870 to $1,902.5. 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 $1,886.25 and $1,854 between July and August.
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 $1,833 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 24 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,858.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.07 / sq.feet, with an average $1.31 / sq.feet price in New Braunfels. The properties with the most expensive average prices have 1 bedroom. They are 45 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.54 / sq.feet.
The graph displaying the average rent prices displays the property type "Commercial" as the most affordable one. At an cost of $1,833 it is 30 % more affordable than the average price in New Braunfels. "Land" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Condo". At a price of $2,025 it is 14 % 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 $1.16 / sq.feet followed by "Land" priced at $1.51 / sq.feet. "Commercial" is the most expensive type of property with a $40 / sq.feet value followed by "Detached House" with an average price of $1.81 / sq.feet.