The rent prices in real estate in Franklin, in the Tennessee region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Franklin has risen during the last 6 months. In October, the average price per sq.feet was $1.68. In November this price barely changed remaining at $1.67 per sq.feet. In the following two months the price per sq.feet has risen 108 %, going from $1.67 to $1.8 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $1.74 to $1.77 during February y March
When referring to the price in Franklin (cities), this has fallen in the last 6 months. The average price for October is $3,277. During November the price had a slight fall till $3,076. In the following two months the average price has hardly changed with regard to the previous two months from $3,176.5 to $3,175. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 94 %, going from $3,175.75 to $2,980 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 $2,972 they are 41 % more affordable than the average price for Franklin . The properties with the highest average price have 4 bedrooms, Their price is 63 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,029.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.75 / sq.feet, with an average $1.79 / sq.feet price in Franklin. The properties with the most expensive average prices have 1 bedroom. They are 24 % more expensive than the average followed by properties with 2 bedrooms 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 $2,972 it is 49 % more affordable than the average price in Franklin. "Condo" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Townhouse". At a price of $3,801 it is 28 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Townhouse" at an average price of $1 / sq.feet followed by "House" priced at $1.92 / sq.feet. "Land" is the most expensive type of property with a $2 / sq.feet value followed by "Condo" with an average price of $1.94 / sq.feet.