The rent prices in real estate in Gainesville, 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 Gainesville has risen strongly during the last 6 months. In April, the average price per sq.feet was $1.54. In the following month the price per sq.feet rose considerably to $11.33. The price for the following two months in (June, July) fell 89 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 18 % 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 $6.08 to $1.07 during August, and September.
When referring to the price in Gainesville (cities), this has risen considerably in the last 6 months. The average price during our first sample month during April, is $1,180. During May the price went through a considerable rise reaching $1,465. During the following two months (June, July) the price has had an average rise from $1,322.5 to $1,504. 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 $1,413.25 and $1,480 between August and September.
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 $1,359 they are 23 % more affordable than the average price for Gainesville . The properties with the highest average price have 4 bedrooms, Their price is 41 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,595.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $1.07 / sq.feet price in Gainesville. The properties with the most expensive average prices have 1 bedroom. They are 26 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.12 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $1,359 it is 20 % more affordable than the average price in Gainesville. "Land" is seen as the second most affordable property type. The most expensive property type is "" followed by "Land". At a price of $1,111 it is 26 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Apartment" at an average price of $1 / sq.feet followed by "Land" priced at $23 / sq.feet. "Land" is the most expensive type of property with a $23 / sq.feet value followed by "Apartment" with an average price of $1 / sq.feet.