Property prices for rent in Lenoir City (Tennessee)

The rent prices in real estate in Lenoir 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.

$1,267.33
Average price last 6 months
$5.7
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Lenoir City has had a strong fall during the last 6 months. In April, the average price per sq.feet was $7.78. In the following month the price per sq.feet fell to $6.87. The price for the following two months in (June, July) had a considerable rise of 121 %. The price per sq.feet has had a considerable fall of 12 % 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 $8.08 to $0.93 during August, and September.

Average price

When referring to the price in Lenoir City (cities), this has risen considerably in the last 6 months. The rent price in April is $1,084, rising in May till $1,143. During the following two months (June, July) the average price had a considerable rise of 121 % 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 109 % during the last two months.

Average price per bedrooms

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 $1,347 they are 29 % more affordable than the average price for Lenoir City . The properties with the highest average price have 3 bedrooms, Their price is 2 % more expensive than the average. After that we have properties with 4 bedrooms priced at $1,144.

Price per property type

According to average price per property type in Lenoir City, "" priced at $1,144 is 15 % lower than the average price ($1,347) in this city.

Charts data
Average price September
Average price per sq.feet September
Number of properties used in Lenoir City
Number of properties used in region Tennessee
$1,347
$0.94
196
61,170
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value