The rent prices in real estate in Temple, 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 Temple has risen during the last 6 months. In January, the average price per sq.feet was $0.87. In February this price barely changed remaining at $0.9 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $0.88 to $0.93 per sq.feet. The price per sq.feet has risen 108 % 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 $0.9 to $0.98 during May, and June.
When referring to the price in Temple (cities), this has risen in the last 6 months. The rent price in January is $973, rising in February till $1,037. In the following two months the average price has hardly changed with regard to the previous two months from $1,005 to $1,013.5. 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 $1,049 they are 20 % more affordable than the average price for Temple . The properties with the highest average price have 4 bedrooms, Their price is 56 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,169.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.89 / sq.feet, with an average $0.96 / sq.feet price in Temple. The properties with the most expensive average prices have 1 bedroom. They are 17 % more expensive than the average followed by properties with 2 bedrooms with a price at $0.94 / sq.feet.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $1,049 it is 24 % more affordable than the average price in Temple. "Apartment" is seen as the second most affordable property type. The most expensive property type is "House" followed by "". At a price of $1,118 it is 24 % 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 $0.95 / sq.feet followed by "Apartment" priced at $0.97 / sq.feet. "Condo" is the most expensive type of property with a $1 / sq.feet value followed by "Apartment" with an average price of $0.97 / sq.feet.