Property prices for rent in Manchester (Tennessee)
The rent prices in real estate in Manchester, in the Tennessee region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Manchester has risen during the last 6 months. In November, the average price per sq.feet was $1.27. In December this price barely changed remaining at $1.29 per sq.feet. In the following two months the price per sq.feet has risen 110 %, going from $1.28 to $1.41 per sq.feet. The price per sq.feet has risen 113 % 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 $1.35 to $1.52 during March, and April.
When referring to the price in Manchester (cities), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $1,546. In December This price remains at $1,585. During the following two months (January, February) the average price fell 91 % 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 105 % 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 $1,548 they are 24 % more affordable than the average price for Manchester . The properties with the highest average price have 4 bedrooms, Their price is 40 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,723.
According to average price per property type in Manchester, "" priced at $1,794 is 16 % more expensive than the average price ($1,548) in this city.
