The rent prices in real estate in Tomball, 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 Tomball has risen during the last 6 months. In October, the average price per sq.feet was $1.18. In November this price barely changed remaining at $1.21 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.2 to $1.16 per sq.feet. The price per sq.feet has had a considerable rise of 119 % 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 $1.18 to $1.4 during February, and March.
When referring to the price in Tomball (cities), this has fallen in the last 6 months. In our first sample month during October, the average price is $2,580. In November This price remains at $2,548. In the following two months the average price has hardly changed with regard to the previous two months from $2,564 to $2,439.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 89 %, going from $2,501.75 to $2,220.5 in February and March.
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 $2,261 they are 45 % more affordable than the average price for Tomball . The properties with the highest average price have 4 bedrooms, Their price is 32 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,253.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.22 / sq.feet, with an average $1.41 / sq.feet price in Tomball. The properties with the most expensive average prices have 1 bedroom. They are 19 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.45 / sq.feet.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $2,261 it is 39 % more affordable than the average price in Tomball. "Apartment" is seen as the second most affordable property type. The most expensive property type is "" followed by "House". At a price of $2,501 it is 20 % 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 $1.29 / sq.feet followed by "Apartment" priced at $1.52 / sq.feet. "Condo" is the most expensive type of property with a $1.54 / sq.feet value followed by "Apartment" with an average price of $1.52 / sq.feet.