Rental prices in Lake Creek Forest, Magnolia, TX have decreased by 6.42% over the past year. The average rent moved from $1,548 to $1,448.
Check out the average rent in Magnolia.
The national average price of rental apartments is $1,740, while the average monthly rent in Lake Creek Forest, Magnolia, TX is $1,448.
The average monthly rent for an apartment in Lake Creek Forest, Magnolia, TX is around $1,448.
A share of 64% of apartments in Lake Creek Forest, Magnolia, TX have the cheapest rents between $1,001-$1,500. Around 3% of rentals are $2,501-$3,000. Around 29% of Lake Creek Forest's apartments have monthly rents between $1,501-$2,000. There are 4% of apartments with rents between $2,001-$2,500.
The largest share of rentals in Lake Creek Forest, Magnolia, TX (64%) fall between $1,001-$1,500 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 20% of the housing is rented out compared to 80% of homes are owned, according to the most recent Census Bureau estimates. 11% of Lake Creek Forest's apartments are found in large buildings of 50 units or more, 36% are located in smaller apartment complexes with less than 50 units, and 42% are single-family rentals.
In total, Lake Creek Forest, Magnolia, TX has 2,647 residents, 1,316 women and 1,331 men, per U.S. Census recent estimates. Statistics show that the median age of Lake Creek Forest’s population is 37.2.
There is a total of 910 households in Lake Creek Forest, Magnolia, TX. Of these, 401 have children and 509 are without children. Per Census Bureau’s most current estimates, 741 family households and 169 non-family households live in this area. The size of a household in Lake Creek Forest is 2.9 people, on average. The median household annual income in Lake Creek Forest equals $112,504, and the monthly housing costs equal $1,948.
According to data from the U.S. Census Bureau, 3% of the population in Lake Creek Forest, Magnolia, TX have no high school education, 29% went to high-school, and 20% have partially completed college. Moreover, 7% of the population hold an Associate Degree, 28% hold a Bachelor Degree, and 14% hold a Graduate Degree.
