The rent prices in real estate in Red Oak, in the Texas region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.feet in Red Oak has barely changed in the last 6 months. In November, the average price per sq.feet was $1.07. In the following month the price per sq.feet rose to $1.13. In the following two months the price per sq.feet has practically remained the same, going from $1.1 to $1.08 per sq.feet. The price per sq.feet has risen 107 % 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 $1.09 to $1.16 during March, and April.
When referring to the price in Red Oak (cities), this has risen in the last 6 months. The average price for November is $1,847. During December the price had a slight fall till $1,728. During the following two months (January, February) the average price had a considerable rise of 115 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has increased 110 % 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 $2,239 they are 40 % more affordable than the average price for Red Oak . The properties with the lowest average price have 2 bedrooms, Their price is 32 % more affordable than the average. After that we have properties with 1 bedroom priced at $1,354.
According to average price per property type in Red Oak, "" priced at $1,526 is 32 % lower than the average price ($2,239) in this city.