The rent prices in real estate in Loganville, 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 Loganville has risen strongly during the last 6 months. In January, the average price per sq.feet was $0.91. In the following month the price per sq.feet rose to $1.03. The price for the following two months in (March, April) had a considerable rise of 328 %. The price per sq.feet has had a considerable rise of 303 % 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 $2.08 to $6.3 during May, and June.
When referring to the price in Loganville (cities), there have hardly been any changes in the last 6 months. The average price for January is $1,643. During February the price had a slight fall till $1,467. In the following two months the average price has hardly changed with regard to the previous two months from $1,555 to $1,580.5. Based on an analysis of the first four prices and the last two months the average price has increased 110 % 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 $1,807 they are 43 % more affordable than the average price for Loganville . The properties with the lowest average price have 4 bedrooms, Their price is 10 % more affordable than the average. After that we have properties with 3 bedrooms priced at $1,459.
The graph displaying the average rent prices displays the property type "Commercial" as the most affordable one. At an cost of $1,807 it is 41 % more affordable than the average price in Loganville. "Condo" is seen as the second most affordable property type. The most affordable property is "" followed by "Condo". At a price of $1,500 it is 14 % more affordable than the average price.
According to the average cost per sq.feet, the most affordable property is "Commercial" at an average price of $5 / sq.feet followed by "Condo" priced at $8 / sq.feet. "Condo" is the most expensive type of property with a $8 / sq.feet value followed by "Commercial" with an average price of $5 / sq.feet.