Property prices for rent in Pigeon Forge (Tennessee)

The rent prices in real estate in Pigeon Forge, 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.

$1,081.5
Average price last 6 months
$18.75
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Pigeon Forge has had a strong fall during the last 6 months. In March, the average price per sq.feet was $28.97. In the following month the price per sq.feet rose considerably to $65.51. The price for the following two months in (May, June) had a considerable fall of 4 with regard to the previous two months. The price per sq.feet has had a considerable fall of 30 % 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 $24.46 to $7.33 during July, and August.

Average price

When referring to the price in Pigeon Forge (cities), this has fallen in the last 6 months. The average price during our first sample month during March, is $1,207. During April the price went through a considerable rise reaching $1,600. During the following two months (May, June) the average price had a considerable fall of 60 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 89 %, going from $1,124.25 to $996 in July and August.

Average price per bedrooms

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 $878 they are 7 % more affordable than the average price for Pigeon Forge . The properties with the highest average price have 2 bedrooms, Their price is 27 % more expensive than the average. After that we have properties with 1 bedroom priced at $815.

With regard to the average price per sq.feet, those properties with 1 bedroom are the most expensive ones at a cost of $1.77 / sq.feet, with an average $1.66 / sq.feet price in Pigeon Forge. The properties with the most expensive average prices have 2 bedrooms. They are 623 % more expensive than the average followed by properties with 1 bedroom with a price at $1.77 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "" as the most expensive one. At an cost of $878 it is 4 % more expensive than the average price in Pigeon Forge. "Commercial" is seen as the second most expensive property type. The most expensive property type is "Townhouse" followed by "House". At a price of $1,112 it is 104 % more expensive than the average price.

According to the average cost per sq.feet, the least affordable property would be "Commercial" at an average price of $7 / sq.feet followed by "House" priced at $12 / sq.feet. "Townhouse" is the most expensive type of property with a $13 / sq.feet value followed by "House" with an average price of $12 / sq.feet.

Charts data
Average price August
Average price per sq.feet August
Number of properties used in Pigeon Forge
Number of properties used in region Tennessee
$878
$1.66
52
52,980
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value