The rent prices in real estate in Lithia Springs, in the Georgia region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Lithia Springs has risen strongly during the last 6 months. In September, the average price per sq.feet was $1.21. In October this price barely changed remaining at $1.2 per sq.feet. The price for the following two months in (November, December) had a considerable rise of 472 %. The price per sq.feet has had a considerable rise of 973 % 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 $3.44 to $33.53 during January, and February.
When referring to the price in Lithia Springs (cities), this has risen in the last 6 months. In our first sample month during September, the average price is $1,321. In October This price remains at $1,262. During the following two months (November, December) the price has had an average rise from $1,291.5 to $1,356.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 117 % 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 $1,577 they are 7 % more affordable than the average price for Lithia Springs . The properties with the highest average price have 4 bedrooms, Their price is 24 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,748.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $0.88 / sq.feet, with an average $34.28 / sq.feet price in Lithia Springs. The properties with the most expensive average prices have 1 bedroom. They are 90 % more expensive than the average followed by properties with 2 bedrooms with a price at $39.16 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,577 it is 36 % more affordable than the average price in Lithia Springs. "Apartment" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Condo". At a price of $1,634 it is 21 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $0.81 / sq.feet followed by "Apartment" priced at $40.03 / sq.feet. "Condo" is the most expensive type of property with a $108.93 / sq.feet value followed by "Apartment" with an average price of $40.03 / sq.feet.