The rent prices in real estate in Mount Juliet, in the Tennessee region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Mount Juliet has fallen during the last 6 months. In May, the average price per sq.feet was $6.19. In the following month the price per sq.feet rose considerably to $12.76. The price for the following two months in (July, August) had a considerable fall of 72 with regard to the previous two months. The price per sq.feet has had a considerable fall of 15 % 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 $8.13 to $1.22 during September, and October.
When referring to the price in Mount Juliet (cities), there have hardly been any changes in the last 6 months. The average price for May is $1,511. During June the price had a slight fall till $1,417. In the following two months the average price has hardly changed with regard to the previous two months from $1,464 to $1,526. Based on an analysis of the first four prices and the last two months the average price has increased 106 % 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 $1,601 they are 27 % more affordable than the average price for Mount Juliet . The properties with the highest average price have 4 bedrooms, Their price is 19 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,796.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.84 / sq.feet, with an average $1.21 / sq.feet price in Mount Juliet. The properties with the most expensive average prices have 1 bedroom. They are 17 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.32 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $1,601 it is 15 % more affordable than the average price in Mount Juliet. "Condo" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Townhouse". At a price of $1,547 it is 10 % 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 $1.01 / sq.feet followed by "Condo" priced at $1.08 / sq.feet. "Townhouse" is the most expensive type of property with a $10 / sq.feet value followed by "Apartment" with an average price of $1.37 / sq.feet.