The rent prices in real estate in Kingsport, in the Tennessee region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Kingsport has risen during the last 6 months. In January, the average price per sq.feet was $0.92. In February this price barely changed remaining at $0.95 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $0.94 to $0.97 per sq.feet. The price per sq.feet has risen 107 % 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 $0.95 to $1.02 during May, and June.
When referring to the price in Kingsport (cities), this has risen considerably in the last 6 months. In our first sample month during January, the average price is $669. In February This price remains at $671. During the following two months (March, April) the average price had a considerable rise of 125 % 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 increased 112 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $834 they are 11 % more affordable than the average price for Kingsport . The properties with the highest average price have 4 bedrooms, Their price is 114 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,458.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $0.94 / sq.feet, with an average $1.03 / sq.feet price in Kingsport. The properties with the most expensive average prices have 1 bedroom. They are 10 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.03 / sq.feet.
According to average price per property type in Kingsport, "" priced at $744 is 11 % lower than the average price ($834) in this city.