The rent prices in real estate in Lewisburg, 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 Lewisburg has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1.4. In the following month the price per sq.feet fell to $1.32. The price for the following two months in (December, January) had a considerable fall of 83 with regard to the previous two months. The price per sq.feet has fallen 90 % 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 $1.24 to $1.12 during February, and March.
When referring to the price in Lewisburg (cities), this has fallen in the last 6 months. The average price for October is $1,339. During November the price had a slight fall till $1,157. In the following two months the average price has hardly changed with regard to the previous two months from $1,248 to $1,231.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 91 %, going from $1,239.75 to $1,133.5 in February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $1,143 they are 21 % more affordable than the average price for Lewisburg . The properties with the highest average price have 3 bedrooms, Their price is 48 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,304.
With regard to the average prices per sq.feet those properties with 1 bedroom are 5 % more affordable than the average price of ($1 / sq.feet) in Lewisburg. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 5 % more affordable than the average value aforementioned.
According to average price per property type in Lewisburg, "" priced at $905 is 21 % lower than the average price ($1,143) in this city.