Property prices for rent in The Colony (Texas)

The rent prices in real estate in The Colony, 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.

Average price last 6 months
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in The Colony has risen strongly during the last 6 months. In March, the average price per sq.feet was $1.58. In April this price barely changed remaining at $1.57 per sq.feet. In the following two months the price per sq.feet has risen 110 %, going from $1.58 to $1.73 per sq.feet. The price per sq.feet has had a considerable rise of 436 % 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 $1.65 to $7.19 during July, and August.

Average price

When referring to the price in The Colony (cities), there have hardly been any changes in the last 6 months. In our first sample month during March, the average price is $1,497. In April This price remains at $1,500. During the following two months (May, June) the price has had an average rise from $1,498.5 to $1,574.5. 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 $1,536.5 and $1,478 between July and August.

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 $1,480 they are 16 % more affordable than the average price for The Colony . The properties with the highest average price have 4 bedrooms, Their price is 91 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,973.

With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $4.26 / sq.feet price in The Colony. The properties with the most expensive average prices have 2 bedrooms. They are 1280 % more expensive than the average followed by properties with 1 bedroom with a price at $44.32 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $1,480 it is 2 % more affordable than the average price in The Colony. "" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "". At a price of $1,759 it is 51 % more expensive than the average price.

According to the average cost per sq.feet, the least affordable property would be "House" at an average price of $15 / sq.feet followed by "Condo" priced at $38 / sq.feet. "Condo" is the most expensive type of property with a $38 / sq.feet value followed by "House" with an average price of $15 / sq.feet.

Charts data
Average price August
Average price per sq.feet August
Number of properties used in The Colony
Number of properties used in region Texas
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value