The rent prices in real estate in Griffin, in the Georgia 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 Griffin has had a strong fall during the last 6 months. In May, the average price per sq.feet was $2.9. In the following month the price per sq.feet fell to $2.58. The price for the following two months in (July, August) fell 89 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 28 % 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 $2.58 to $0.71 during September, and October.
When referring to the price in Griffin (cities), this has risen considerably in the last 6 months. The rent price in May is $782, rising in June till $899. In the following two months the average price has hardly changed with regard to the previous two months from $840.5 to $878. Based on an analysis of the first four prices and the last two months the average price has increased 109 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 10 % more affordable than the average price of $857 in Griffin. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 10 % more affordable than the average aforementioned.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $952 it is 32 % more affordable than the average price in Griffin. "Office" is seen as the second most affordable property type. The most affordable property is "" followed by "Office". At a price of $824 it is 10 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Condo" at an average price of $5 / sq.feet followed by "Office" priced at $11 / sq.feet. "Office" is the most expensive type of property with a $11 / sq.feet value followed by "Condo" with an average price of $5 / sq.feet.