The rent prices in real estate in Old Hickory, in the Tennessee region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.feet in Old Hickory has barely changed in the last 6 months. In March, the average price per sq.feet was $1.2. In April this price barely changed remaining at $1.21 per sq.feet. The price for the following two months in (May, June) fell 92 % with regard to the previous two months. The price per sq.feet has risen 109 % 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 $1.16 to $1.26 during July, and August.
When referring to the price in Old Hickory (cities), this has risen in the last 6 months. In our first sample month during March, the average price is $1,619. In April This price remains at $1,628. During the following two months (May, June) the price has had an average rise from $1,623.5 to $1,756. 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 $1,689.75 and $1,703.5 between July and August.
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 $1,837 they are 36 % more affordable than the average price for Old Hickory . The properties with the lowest average price have 4 bedrooms, Their price is 1 % more affordable than the average. After that we have properties with 3 bedrooms priced at $1,687.
With regard to the average prices per sq.feet those properties with 1 bedroom are 19 % more affordable than the average price of ($1 / sq.feet) in Old Hickory. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 19 % more affordable than the average value aforementioned.
According to average price per property type in Old Hickory, "" priced at $1,514 is 18 % lower than the average price ($1,837) in this city.