The rent prices in real estate in Bartlett, 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 Bartlett has had a strong fall during the last 6 months. In November, the average price per sq.feet was $1.75. In the following month the price per sq.feet fell considerably to $1.26. The price for the following two months in (January, February) had a considerable fall of 84 with regard to the previous two months. The price per sq.feet has fallen 93 % 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 $1.38 to $1.28 during March, and April.
When referring to the price in Bartlett (cities), there have hardly been any changes in the last 6 months. The rent price in November is $1,717, rising in December till $1,844. In the following two months the average price has hardly changed with regard to the previous two months from $1,780.5 to $1,723. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,751.75 and $1,726 between March and April.
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 $1,790 they are 25 % more affordable than the average price for Bartlett . The properties with the highest average price have 4 bedrooms, Their price is 28 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,890.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.91 / sq.feet, with an average $1.28 / sq.feet price in Bartlett. The properties with the most expensive average prices have 1 bedroom. They are 37 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.44 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,790 it is 33 % more affordable than the average price in Bartlett. "Apartment" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Apartment". At a price of $1,596 it is 26 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $1 / sq.feet followed by "Apartment" priced at $1.44 / sq.feet. "Apartment" is the most expensive type of property with a $1.44 / sq.feet value followed by "House" with an average price of $1 / sq.feet.