The average rent price in the Texas region has had a slight rise in recent months. There has been a rise in the rent prices in this region.
The price per sq.feet in Texas has risen in the last 6 months. During November, the average price per sq.feet was $1.44. In December the price barely changed remaining at $1.45 per sq.feet. The following two months (January, February) went through a rise of 107 % in the rent price per sq.feet rising from $1.45 to $1.54 per sq.feet. In the last two months, the price has barely changed with regard to the average value for the last 4 months going from an average price per sq.feet of $1.49 to $1.54 during March and April.
When referring to the price in Texas(region), there have hardly been any changes in the last 6 months. In the first month sample November the average price is $1,862. In December the price remains at $1,894. In the following two months the average price practically remained the same compared to the previous two going from $1,878 to $1,802.5. During the last two months the average price has not gone through any changes and has gone from $1,840.25 to $1,785 during March and April.
The graph displaying the the average rent price per number of bedrooms shows that those with 1 bedroom are the most affordable ones. They are 23 % cheaper than the average price in Texas followed by those with 2 with an average price of $1,680. The most expensive properties have 4 bedrooms. They are 56 % more expensive than the average followed by those properties with 3 bedrooms priced at $2,143.
Based on the average price per sq.feet those properties with 4 bedrooms are the most affordable ones with a price of $1.2 / sq.feet being $1.59 / sq.feet the average for Texas. The properties with the highest average price are those with 1 bedroom. These are 27 % more expensive than the average followed by those with 2 bedrooms with a price of $1.54 / sq.feet.
The graph displaying the average rent price according to the property type shows "Condo" as the most affordable one. With an average cost of $1,826 it is 22 % cheaper than the average in Texas. This is followed by "House" with a cost of $1,565. The most expensive property type is "Commercial" and is 33 % more costly than the average, followed by "Land" with a cost of $2,260.
Based upon the average cost per sq.feet the most affordable property type is "Townhouse with a an average price of $1 / sq.feet, followed by "Land" with a price of $1.25 / sq.feet. "Commercial" with an average price of $1,257 / sq.feet is the most expensive type of property followed by "House" at a price of $1.73 / sq.feet.