The rent prices in real estate in Old Hickory, 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 Old Hickory has risen during the last 6 months. In December, the average price per sq.feet was $1.29. In January this price barely changed remaining at $1.34 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.32 to $1.37 per sq.feet. The price per sq.feet has risen 107 % 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 $1.34 to $1.43 during April, and May.
When referring to the price in Old Hickory (cities), there have hardly been any changes in the last 6 months. In our first sample month during December, the average price is $1,981. In January This price remains at $2,079. In the following two months the average price has hardly changed with regard to the previous two months from $2,030 to $2,062. 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 $2,046 and $2,068 between April and May.
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 $2,033 they are 60 % more affordable than the average price for Old Hickory . The properties with the highest average price have 3 bedrooms, Their price is 3 % more expensive than the average. After that we have properties with 4 bedrooms priced at $1,979.
According to average price per property type in Old Hickory, "" priced at $1,979 is 3 % lower than the average price ($2,033) in this city.