The rent prices in real estate in Estill Springs, in the Tennessee 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 Estill Springs has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1.2. In the following month the price per sq.feet fell considerably to $1. The price for the following two months in (December, January) had a considerable rise of 117 %. The price per sq.feet has had a considerable fall of 63 % 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 $1.19 to $0.75 during February, and March.
When referring to the price in Estill Springs (cities), there have hardly been any changes in the last 6 months. The rent price in October is $1,480, rising in November till $1,638. During the following two months (December, January) the price has had an average rise from $1,559 to $1,761.5. During the last two months the average price has fallen greatly compared to the previous four going from $1,660.25 to $1,229.5, which means a 74 % fall.
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 $1,795 they are 56 % more affordable than the average price for Estill Springs . The properties with the lowest average price have 1 bedroom, Their price is 56 % more affordable than the average. After that we have properties with 2 bedrooms priced at $789.
According to average price per property type in Estill Springs, "" priced at $789 is 56 % lower than the average price ($1,795) in this city.