The rent prices in real estate in Jefferson City, in the Tennessee 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 Jefferson City has had a strong fall during the last 6 months. In January, the average price per sq.feet was $0.89. In February this price barely changed remaining at $0.85 per sq.feet. The price for the following two months in (March, April) had a considerable fall of 66 with regard to the previous two months. The price per sq.feet has had a considerable fall of 0 % 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 $0.72 to during May, and June.
When referring to the price in Jefferson City (cities), this has risen considerably in the last 6 months. The average price for January is $761. During February the price had a slight fall till $707. During the following two months (March, April) the average price had a considerable rise of 154 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 119 % 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 $1,124 they are 51 % more affordable than the average price for Jefferson City . The properties with the lowest average price have 2 bedrooms, Their price is 36 % more affordable than the average. After that we have properties with 1 bedroom priced at $550.
According to average price per property type in Jefferson City, "" priced at $716 is 36 % lower than the average price ($1,124) in this city.