The rent prices in real estate in Hendersonville, in the Tennessee 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 Hendersonville has risen strongly during the last 6 months. In May, the average price per sq.feet was $1.18. In June this price barely changed remaining at $1.23 per sq.feet. The price for the following two months in (July, August) fell 94 % with regard to the previous two months. The price per sq.feet has had a considerable rise of 158 % 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 $1.17 to $1.85 during September, and October.
When referring to the price in Hendersonville (cities), this has risen in the last 6 months. In our first sample month during May, the average price is $1,334. In June This price remains at $1,324. During the following two months (July, August) the price has had an average rise from $1,329 to $1,439.5. Based on an analysis of the first four prices and the last two months the average price has increased 114 % during the last two months.
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 $1,668 they are 35 % more affordable than the average price for Hendersonville . The properties with the highest average price have 4 bedrooms, Their price is 43 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,818.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.96 / sq.feet, with an average $2.56 / sq.feet price in Hendersonville. The properties with the most expensive average prices have 2 bedrooms. They are 54 % more expensive than the average followed by properties with 1 bedroom with a price at $1.55 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $1,668 it is 28 % more affordable than the average price in Hendersonville. "" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Condo". At a price of $1,781 it is 17 % 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 $1.02 / sq.feet followed by "Apartment" priced at $1.26 / sq.feet. "Condo" is the most expensive type of property with a $118.7 / sq.feet value followed by "Townhouse" with an average price of $26 / sq.feet.