Property prices for rent in Gatlinburg (Tennessee)
The rent prices in real estate in Gatlinburg, in the Tennessee region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Gatlinburg has had a strong fall during the last 6 months. In November, the average price per sq.feet was $2.12. In the following month the price per sq.feet fell considerably to $1.61. The price for the following two months in (January, February) fell 92 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 84 % 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 $1.8 to $1.5 during March, and April.
When referring to the price in Gatlinburg (cities), this has fallen in the last 6 months. The average price for November is $2,640. During December the price had a slight fall till $2,300. During the following two months (January, February) the average price fell 92 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 118 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 57 % more affordable than the average price of $1,091 in Gatlinburg. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 57 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 300 % more expensive than the average price of ($4 / sq.feet) in Gatlinburg. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 300 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,560 it is 59 % more affordable than the average price in Gatlinburg. "Condo" is seen as the second most affordable property type. The most affordable property is "House" followed by "Condo". At a price of $1,085 it is 57 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "House" at an average price of $4 / sq.feet followed by "Condo" priced at $9 / sq.feet. "Condo" is the most expensive type of property with a $9 / sq.feet value followed by "House" with an average price of $4 / sq.feet.
