Property prices for rent in Oakland (Tennessee)
The rent prices in real estate in Oakland, 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 Oakland has had a strong fall during the last 6 months. In November, the average price per sq.feet was $1.08. In December this price barely changed remaining at $1.07 per sq.feet. The price for the following two months in (January, February) had a considerable fall of 57 with regard to the previous two months. The price per sq.feet has had a considerable rise of 122 % 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 $0.84 to $1.02 during March, and April.
When referring to the price in Oakland (cities), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $2,019. In December This price remains at $2,011. In the following two months the average price has hardly changed with regard to the previous two months from $2,015 to $2,022.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $2,018.75 and $2,002.5 between March and April.
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 $1,998 they are 36 % more affordable than the average price for Oakland . The properties with the lowest average price have 1 bedroom, Their price is 33 % more affordable than the average. After that we have properties with 2 bedrooms priced at $1,270.
According to average price per property type in Oakland, "" priced at $1,270 is 36 % lower than the average price ($1,998) in this city.
