Property prices for rent in Red Oak (Texas)

The rent prices in real estate in Red Oak, in the Texas region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.

$2,050.33
Average price last 6 months
$5.22
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Red Oak has risen strongly during the last 6 months. In June, the average price per sq.feet was $1.02. In the following month the price per sq.feet rose considerably to $1.46. The price for the following two months in (August, September) had a considerable rise of 1074 %. The price per sq.feet has had a considerable fall of 15 % 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 $7.28 to $1.09 during October, and November.

Average price

When referring to the price in Red Oak (cities), this has risen in the last 6 months. The average price during our first sample month during June, is $1,829. During July the price went through a considerable rise reaching $2,919. During the following two months (August, September) the average price had a considerable fall of 81 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 87 %, going from $2,145.75 to $1,859.5 in October and November.

Average price per bedrooms

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 $1,847 they are 26 % more affordable than the average price for Red Oak . The properties with the lowest average price have 2 bedrooms, Their price is 17 % more affordable than the average. After that we have properties with 1 bedroom priced at $1,364.

Price per property type

According to average price per property type in Red Oak, "" priced at $1,536 is 17 % lower than the average price ($1,847) in this city.

Charts data
Average price November
Average price per sq.feet November
Number of properties used in Red Oak
Number of properties used in region Texas
$1,847
$1.07
140
692,422
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value