Property prices for rent in Texas region

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.

$1,413
Average price last 6 months
$1.45
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Texas has risen in the last 6 months. During October, the average price per sq.feet was $1.37. The following month (November) the price rose to $1.49 per sq.feet. The price per sq.feet for the following two months barely changed going from $1.43 to $1.39 per sq.feet. In the last two months, the price per sq.feet has risen 108 %. This has been obtained by comparing the price $1.41 for the first four months of the sample with regard to the previous 4 months and the price $1.52 per sq.feet for the last two months (February, March).

Average price

When referring to the price in Texas(region), there have hardly been any changes in the last 6 months. In the first month sample October the average price is $1,392. In November the price remains at $1,412. In the following two months the average price practically remained the same compared to the previous two going from $1,402 to $1,454. During the last two months the average price has not gone through any changes and has gone from $1,428 to $1,383 during February and March.

Average price per bedrooms

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 16 % cheaper than the average price in Texas followed by those with 2 with an average price of $1,434. The most expensive properties have 4 bedrooms. They are 40 % more expensive than the average followed by those properties with 3 bedrooms priced at $1,686.

Based on the average price per sq.feet those properties with 4 bedrooms are the most affordable ones with a price of $0.98 / sq.feet being $1.53 / sq.feet the average for Texas. The properties with the highest average price are those with 3 bedrooms. These are 46 % more expensive than the average followed by those with 1 bedroom with a price of $1.63 / sq.feet.

Price per property type

The graph displaying the average rent price according to the property type shows "Villa" as the most affordable one. With an average cost of $1,388 it is 23 % cheaper than the average in Texas. This is followed by "Commercial" with a cost of $1,177. The most expensive property type is "Townhouse" and is 44 % more costly than the average, followed by "Land" with a cost of $1,776.

Based upon the average cost per sq.feet the most affordable property type is "Commercial with a an average price of $0.95 / sq.feet, followed by "Land" with a price of $1.48 / sq.feet. "Condo" with an average price of $97.53 / sq.feet is the most expensive type of property followed by "Townhouse" at a price of $44.43 / sq.feet.

Charts data
Average price March
Average price per sq.feet March
Number of properties used in region Texas
$1,388
$1.53
1,135,944
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
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