The rent prices in real estate in Fairburn, 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 Fairburn has risen strongly during the last 6 months. In September, the average price per sq.feet was $0.98. In October this price barely changed remaining at $1.02 per sq.feet. The price for the following two months in (November, December) had a considerable rise of 1324 %. The price per sq.feet has had a considerable fall of 85 % 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 $7.12 to $6.04 during January, and February.
When referring to the price in Fairburn (cities), there have hardly been any changes in the last 6 months. In our first sample month during September, the average price is $1,549. In October This price remains at $1,503. In the following two months the average price has hardly changed with regard to the previous two months from $1,526 to $1,562.5. Based on an analysis of the first four prices and the last two months the average price has increased 107 % during the last two months.
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 $1,664 they are 29 % more affordable than the average price for Fairburn . The properties with the lowest average price have 4 bedrooms, Their price is 10 % more affordable than the average. After that we have properties with 3 bedrooms priced at $1,426.
With regard to the average prices per sq.feet those properties with 1 bedroom are 62 % more expensive than the average price of ($1.51 / sq.feet) in Fairburn. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 62 % more expensive than the average value aforementioned.
According to average price per property type in Fairburn, "" priced at $1,229 is 26 % lower than the average price ($1,664) in this city.