Rental prices in Lake Creek Forest, Magnolia, TX have decreased by 2.55% over the past year. The average rent moved from $1,546 to $1,506.
Check out the average rent in Magnolia.
The national average price of rental apartments is $1,741, while the average monthly rent in Lake Creek Forest, Magnolia, TX is $1,506.
The average monthly rent for an apartment in Lake Creek Forest, Magnolia, TX is around $1,506.
A share of 18% of apartments in Lake Creek Forest, Magnolia, TX have the cheapest rents between ≤ $1000. Around 6% of rentals are $2,001-$2,500. Around 30% of Lake Creek Forest's apartments have monthly rents between $1,001-$1,500. There are 45% of apartments with rents between $1,501-$2,000. A share of 2% of apartment rentals in Magnolia are in the $2,501-$3,000 range.
The largest share of rentals in Lake Creek Forest, Magnolia, TX (45%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
The average rent in Lake Creek Forest, Magnolia, TX is $1,350.
In Lake Creek Forest, 21% of the residents are renting compared to 79% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 2% of Lake Creek Forest's rentals, 47% are small-scale complexes with under 50 units, and 43% are single-family rentals.
In total, Lake Creek Forest, Magnolia, TX has 2,388 residents, 1,182 women and 1,206 men, per U.S. Census recent estimates. Statistics show that the median age of Lake Creek Forest’s population is 38.
There is a total of 824 households in Lake Creek Forest, Magnolia, TX. Of these, 350 have children and 474 are without children. Per Census Bureau’s most current estimates, 676 family households and 147 non-family households live in this area. The size of a household in Lake Creek Forest is 2 people, on average. The median household annual income in Lake Creek Forest equals $112,093, and the monthly housing costs equal $1,818.
According to data from the U.S. Census Bureau, 2% of the population in Lake Creek Forest, Magnolia, TX have no high school education, 30% went to high-school, and 21% have partially completed college. Moreover, 7% of the population hold an Associate Degree, 27% hold a Bachelor Degree, and 12% hold a Graduate Degree.
