The rent prices in real estate in Gallatin, in the Tennessee region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Gallatin has fallen during the last 6 months. In October, the average price per sq.feet was $1.52. In the following month the price per sq.feet fell to $1.43. In the following two months the price per sq.feet has practically remained the same, going from $1.48 to $1.42 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 $1.45 to $1.41 during February y March
When referring to the price in Gallatin (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $1,811. In November This price remains at $1,879. In the following two months the average price has hardly changed with regard to the previous two months from $1,845 to $1,820.5. 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 $1,832.75 and $1,762.5 between 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 $1,768 they are 29 % more affordable than the average price for Gallatin . The properties with the highest average price have 4 bedrooms, Their price is 27 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,122.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.19 / sq.feet, with an average $1.41 / sq.feet price in Gallatin. The properties with the most expensive average prices have 1 bedroom. They are 21 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.45 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $1,768 it is 18 % more affordable than the average price in Gallatin. "Condo" is seen as the second most affordable property type. The most expensive property type is "" followed by "House". At a price of $2,123 it is 26 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $1.37 / sq.feet followed by "Apartment" priced at $1.51 / sq.feet. "Condo" is the most expensive type of property with a $1.88 / sq.feet value followed by "Apartment" with an average price of $1.51 / sq.feet.