Property prices for rent in Commerce (Georgia)
The rent prices in real estate in Commerce, in the Georgia region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Commerce has risen during the last 6 months. In November, the average price per sq.feet was $1.18. In December this price barely changed remaining at $1.2 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.19 to $1.23 per sq.feet. The price per sq.feet has risen 112 % 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 $1.21 to $1.36 during March, and April.
When referring to the price in Commerce (cities), this has fallen in the last 6 months. The average price for November is $1,800. During December the price had a slight fall till $1,670. During the following two months (January, February) the average price fell 87 % with regard to the previous two months. 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 $1,622.75 and $1,643.5 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 $1,683 they are 20 % more affordable than the average price for Commerce . The properties with the highest average price have 4 bedrooms, Their price is 44 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,741.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.16 / sq.feet, with an average $1.35 / sq.feet price in Commerce. The properties with the most expensive average prices have 1 bedroom. They are 27 % more expensive than the average followed by properties with 3 bedrooms with a price at $1.31 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,683 it is 62 % more affordable than the average price in Commerce. "Land" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Apartment". At a price of $1,519 it is 23 % 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 $1.24 / sq.feet followed by "Apartment" priced at $1.44 / sq.feet. "Land" is the most expensive type of property with a $19 / sq.feet value followed by "Apartment" with an average price of $1.44 / sq.feet.
