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.