The rent prices in real estate in Universal City, 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 Universal City has risen during the last 6 months. In November, the average price per sq.feet was $1.01. In December this price barely changed remaining at $1.02 per sq.feet. The price for the following two months in (January, February) had a considerable rise of 116 %. The price per sq.feet has risen 110 % 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 $1.1 to $1.21 during March, and April.
When referring to the price in Universal City (cities), this has risen in the last 6 months. In our first sample month during November, the average price is $1,426. In December This price remains at $1,402. During the following two months (January, February) the price has had an average rise from $1,414 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 $1,494.25 and $1,474 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 $1,417 they are 31 % more affordable than the average price for Universal City . The properties with the highest average price have 4 bedrooms, Their price is 57 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,744.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.05 / sq.feet, with an average $1.2 / sq.feet price in Universal City. The properties with the most expensive average prices have 1 bedroom. They are 23 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.21 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $1,417 it is 24 % more affordable than the average price in Universal City. "Condo" is seen as the second most affordable property type. The most expensive property type is "House" followed by "". At a price of $1,497 it is 37 % 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 $1.08 / sq.feet followed by "Apartment" priced at $1.28 / sq.feet. "Condo" is the most expensive type of property with a $1.57 / sq.feet value followed by "Apartment" with an average price of $1.28 / sq.feet.