Property prices for rent in Arrington (Tennessee)
The rent prices in real estate in Arrington, 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 Arrington has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1.53. In the following month the price per sq.feet fell considerably to $1.21. In the following two months the price per sq.feet has risen 113 %, going from $1.37 to $1.55 per sq.feet. The price per sq.feet has had a considerable fall of 50 % 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 $1.46 to $0.73 during February, and March.
When referring to the price in Arrington (cities), this has risen considerably in the last 6 months. The rent price in October is $5,617, rising in November till $6,200. During the following two months (December, January) the average price had a considerable rise of 145 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $7,236.75 to $5,195.5, which means a 72 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $4,325 they are 80 % more affordable than the average price for Arrington . The properties with the highest average price have 2 bedrooms, Their price is 52 % more expensive than the average. After that we have properties with 1 bedroom priced at $844.
With regard to the average prices per sq.feet those properties with 2 bedrooms are 2147483647 % more expensive than the average price of ($98 / sq.feet) in Arrington. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 2 bedrooms. They are 2147483647 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Farm" as the most expensive one. At an cost of $4,325 it is 52 % more expensive than the average price in Arrington. "House" is seen as the second most expensive property type. The most expensive property type is "House" followed by "Farm". At a price of $6,566 it is 52 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "Farm" at an average price of $95 / sq.feet followed by "House" priced at $98 / sq.feet. "House" is the most expensive type of property with a $98 / sq.feet value followed by "Farm" with an average price of $95 / sq.feet.
