The rent prices in real estate in Eatonton, in the Georgia 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 Eatonton has had a strong fall during the last 6 months. In October, the average price per sq.feet was $2.24. In the following month the price per sq.feet fell to $1.92. The price for the following two months in (December, January) had a considerable fall of 84 with regard to the previous two months. The price per sq.feet has had a considerable fall of 82 % 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 $1.91 to $1.57 during February, and March.
When referring to the price in Eatonton (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $3,200. In November This price remains at $3,306. In the following two months the average price has hardly changed with regard to the previous two months from $3,253 to $3,148. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 89 %, going from $3,200.5 to $2,845 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 $2,596 they are 51 % more affordable than the average price for Eatonton . The properties with the highest average price have 2 bedrooms, Their price is 5 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,395.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most expensive ones at a cost of $1.91 / sq.feet, with an average $1.59 / sq.feet price in Eatonton. The properties with the most expensive average prices have 3 bedrooms. They are 89 % more expensive than the average followed by properties with 1 bedroom with a price at $1.91 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,596 it is 59 % more affordable than the average price in Eatonton. "Condo" is seen as the second most affordable property type. The most affordable property is "House" followed by "Condo". At a price of $1,244 it is 46 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "House" at an average price of $3 / sq.feet followed by "Condo" priced at $8 / sq.feet. "Condo" is the most expensive type of property with a $8 / sq.feet value followed by "House" with an average price of $3 / sq.feet.