The rent prices in real estate in Prosper, 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 Prosper has risen during the last 6 months. In July, the average price per sq.feet was $1.03. In August this price barely changed remaining at $1.07 per sq.feet. In the following two months the price per sq.feet has risen 112 %, going from $1.05 to $1.17 per sq.feet. The price per sq.feet has risen 109 % 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 $1.11 to $1.22 during November, and December.
When referring to the price in Prosper (cities), this has fallen in the last 6 months. The average price for July is $1,932. During August the price had a slight fall till $1,729. In the following two months the average price has hardly changed with regard to the previous two months from $1,830.5 to $1,867.5. 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 $1,849 and $1,768.5 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 $1,871 they are 45 % more affordable than the average price for Prosper . The properties with the highest average price have 4 bedrooms, Their price is 39 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,161.
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 $1.19 / sq.feet price in Prosper. The properties with the most expensive average prices have 1 bedroom. They are 26 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.24 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $1,871 it is 32 % more affordable than the average price in Prosper. "" is seen as the second most affordable property type. The most expensive property type is "" followed by "Apartment". At a price of $1,266 it is 33 % more expensive than the average price.
According to the average area price by sq.feet the most affordable property type is "Apartment with an average cost of $1 / sq.feet. "Apartment" with an average price of $1 / sq.feet has the most affordable price and would be directed at less affluent cities.