The rent prices in real estate in Cookeville, in the Tennessee region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Cookeville has risen strongly during the last 6 months. In November, the average price per sq.feet was $1.31. In the following month the price per sq.feet rose considerably to $1.51. The price for the following two months in (January, February) had a considerable rise of 122 %. The price per sq.feet has had a considerable rise of 120 % 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 $1.56 to $1.87 during March, and April.
When referring to the price in Cookeville (cities), this has risen considerably in the last 6 months. The average price for November is $1,430. During December the price had a slight fall till $1,346. During the following two months (January, February) the average price fell 91 % 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 215 % during the last two months.
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 $2,902 they are 60 % more affordable than the average price for Cookeville . The properties with the highest average price have 4 bedrooms, Their price is 291 % more expensive than the average. After that we have properties with 3 bedrooms priced at $7,425.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.28 / sq.feet, with an average $1.74 / sq.feet price in Cookeville. The properties with the most expensive average prices have 3 bedrooms. They are 193 % more expensive than the average followed by properties with 4 bedrooms with a price at $4.3 / sq.feet.
The graph displaying the average rent prices displays the property type "Land" as the most affordable one. At an cost of $2,902 it is 65 % more affordable than the average price in Cookeville. "" is seen as the second most affordable property type. The most expensive property type is "House" followed by "". At a price of $1,164 it is 80 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Land" at an average price of $1.09 / sq.feet followed by "House" priced at $2.75 / sq.feet. "House" is the most expensive type of property with a $2.75 / sq.feet value followed by "Land" with an average price of $1.09 / sq.feet.