The rent prices in real estate in Jekyll Island, 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 Jekyll Island has had a strong fall during the last 6 months. In November, the average price per sq.feet was $3. In December this price barely changed remaining at $3 per sq.feet. The price for the following two months in (January, February) had a considerable fall of 83 with regard to the previous two months. The price per sq.feet has had a considerable fall of 73 % 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 $2.75 to $2 during March, and April.
When referring to the price in Jekyll Island (cities), this has risen in the last 6 months. In our first sample month during November, the average price is $2,744. In December This price remains at $2,744. During the following two months (January, February) the price has had an average rise from $2,744 to $3,078.5. Based on an analysis of the first four prices and the last two months the average price has increased 107 % 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 0 % more affordable than the average price of $2,735 in Jekyll Island. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 0 % more affordable than the average aforementioned.