The rent prices in real estate in Madisonville, 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 Madisonville has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1.2. In the following month the price per sq.feet fell considerably to $1. The price for the following two months in (December, January) had a considerable fall of 0 with regard to the previous two months. The price per sq.feet has fallen 89 % 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 $0.55 to $0.49 during February, and March.
When referring to the price in Madisonville (cities), this has risen considerably in the last 6 months. The average price for October is $1,920. During November the price had a considerable fall till $785. During the following two months (December, January) the average price had a considerable rise of 299 % 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 108 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 71 % more affordable than the average price of $660 in Madisonville. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 71 % more affordable than the average aforementioned.
According to average price per property type in Madisonville, "" priced at $655 is 71 % lower than the average price ($2,288) in this city.