The rent prices in real estate in Collierville, in the Tennessee region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Collierville has fallen during the last 6 months. In October, the average price per sq.feet was $1.91. In November this price barely changed remaining at $1.82 per sq.feet. The price for the following two months in (December, January) fell 89 % with regard to the previous two months. The price per sq.feet has fallen 92 % 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 $1.76 to $1.62 during February, and March.
When referring to the price in Collierville (cities), this has fallen considerably in the last 6 months. The average price for October is $2,296. During November the price had a slight fall till $2,099. During the following two months (December, January) the average price fell 86 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 90 %, going from $2,038.75 to $1,828 in February and March.
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 $1,861 they are 21 % more affordable than the average price for Collierville . The properties with the highest average price have 4 bedrooms, Their price is 43 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,117.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.43 / sq.feet, with an average $1.57 / sq.feet price in Collierville. The properties with the most expensive average prices have 1 bedroom. They are 18 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.54 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $1,861 it is 11 % more affordable than the average price in Collierville. "" is seen as the second most affordable property type. The most expensive property type is "House" followed by "". At a price of $1,670 it is 37 % 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 $1.57 / sq.feet followed by "Apartment" priced at $1.65 / sq.feet. "Apartment" is the most expensive type of property with a $1.65 / sq.feet value followed by "House" with an average price of $1.57 / sq.feet.