Property prices for rent in Prosper (Texas)
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 December, the average price per sq.feet was $1.19. In January this price barely changed remaining at $1.17 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.18 to $1.23 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 $1.2 to $1.32 during April, and May.
When referring to the price in Prosper (cities), this has risen considerably in the last 6 months. The average price during our first sample month during December, is $1,871. During January the price went through a considerable rise reaching $2,432. In the following two months the average price has hardly changed with regard to the previous two months from $2,151.5 to $2,096. 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 1 bedroom are the most affordable ones. At a price of $2,180 they are 49 % more affordable than the average price for Prosper . The properties with the highest average price have 4 bedrooms, Their price is 33 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,245.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.27 / sq.feet, with an average $1.43 / sq.feet price in Prosper. The properties with the most expensive average prices have 1 bedroom. They are 16 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.42 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most expensive one. At an cost of $2,180 it is 14 % more expensive than the average price in Prosper. "House" is seen as the second most expensive property type. The most expensive property type is "House" followed by "". At a price of $2,482 it is 33 % 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 $1.33 / sq.feet. "House" with an average price of $1.33 / sq.feet has the most affordable price and would be directed at less affluent cities.
