The rent prices in real estate in San Marcos, 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.
The price per sq.feet in San Marcos has risen strongly during the last 6 months. In November, the average price per sq.feet was $1.32. In December this price barely changed remaining at $1.27 per sq.feet. The price for the following two months in (January, February) had a considerable rise of 294 %. The price per sq.feet has had a considerable fall of 51 % 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 $2.55 to $1.31 during March, and April.
When referring to the price in San Marcos (cities), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $1,127. In December This price remains at $1,136. During the following two months (January, February) the price has had an average rise from $1,131.5 to $1,205.5. 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 $1,168.5 and $1,156 between March and April.
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 $1,142 they are 13 % more affordable than the average price for San Marcos . The properties with the highest average price have 3 bedrooms, Their price is 30 % more expensive than the average. After that we have properties with 4 bedrooms priced at $1,427.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.79 / sq.feet, with an average $1.29 / sq.feet price in San Marcos. The properties with the most expensive average prices have 1 bedroom. They are 22 % 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 "House" as the most affordable one. At an cost of $1,142 it is 12 % more affordable than the average price in San Marcos. "" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "". At a price of $1,123 it is 25 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $1.27 / sq.feet followed by "Condo" priced at $65.78 / sq.feet. "Condo" is the most expensive type of property with a $65.78 / sq.feet value followed by "House" with an average price of $1.27 / sq.feet.