The rent prices in real estate in Port Aransas, 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 Port Aransas has risen during the last 6 months. In November, the average price per sq.feet was $2.71. In the following month the price per sq.feet rose to $2.89. In the following two months the price per sq.feet has risen 108 %, going from $2.8 to $3.03 per sq.feet. The price per sq.feet has risen 111 % 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 $2.91 to $3.24 during March, and April.
When referring to the price in Port Aransas (cities), there have hardly been any changes in the last 6 months. The average price for November is $4,586. During December the price had a slight fall till $4,187. In the following two months the average price has hardly changed with regard to the previous two months from $4,386.5 to $4,582.5. Based on an analysis of the first four prices and the last two months the average price has increased 114 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $5,171 they are 89 % more affordable than the average price for Port Aransas . The properties with the lowest average price have 1 bedroom, Their price is 42 % more affordable than the average. After that we have properties with 4 bedrooms priced at $1,158.
With regard to the average prices per sq.feet those properties with 1 bedroom are 29 % more expensive than the average price of ($4 / sq.feet) in Port Aransas. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 29 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $5,171 it is 79 % more affordable than the average price in Port Aransas. "Land" is seen as the second most affordable property type. The most affordable property is "Condo" followed by "Land". At a price of $1,923 it is 53 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Land" at an average price of $53 / sq.feet followed by "Condo" priced at $54 / sq.feet. "Condo" is the most expensive type of property with a $54 / sq.feet value followed by "Land" with an average price of $53 / sq.feet.