The rent prices in real estate in Ellenwood, in the Georgia 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 Ellenwood has risen strongly during the last 6 months. In August, the average price per sq.feet was $0.65. In the following month the price per sq.feet rose to $0.73. The price for the following two months in (October, November) had a considerable rise of 127 %. The price per sq.feet has risen 107 % 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 $0.78 to $0.83 during December, and January.
When referring to the price in Ellenwood (cities), there have hardly been any changes in the last 6 months. In our first sample month during August, the average price is $1,458. In September This price remains at $1,435. In the following two months the average price has hardly changed with regard to the previous two months from $1,446.5 to $1,517. 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 $1,481.75 and $1,458 between December and January.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $1,402 they are 12 % more affordable than the average price for Ellenwood . The properties with the lowest average price have 1 bedroom, Their price is 9 % more affordable than the average. After that we have properties with 2 bedrooms priced at $1,235.
With regard to the average prices per sq.feet those properties with 2 bedrooms are 502 % more expensive than the average price of ($5 / sq.feet) in Ellenwood. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 2 bedrooms. They are 502 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $1,402 it is 16 % more affordable than the average price in Ellenwood. "House" is seen as the second most affordable property type. The most affordable property is "" followed by "House". At a price of $1,235 it is 10 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Condo" at an average price of $2 / sq.feet followed by "House" priced at $5 / sq.feet. "House" is the most expensive type of property with a $5 / sq.feet value followed by "Condo" with an average price of $2 / sq.feet.