The rent prices in real estate in Pigeon Forge, in the Tennessee region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Pigeon Forge has risen strongly during the last 6 months. In December, the average price per sq.feet was $1.77. In the following month the price per sq.feet fell to $1.65. The price for the following two months in (February, March) had a considerable rise of 1461 %. The price per sq.feet has had a considerable fall of 7 % 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 $13.34 to $1 during April, and May.
When referring to the price in Pigeon Forge (cities), this has fallen in the last 6 months. The average price for December is $1,053. During January the price had a slight fall till $924. During the following two months (February, March) the average price had a considerable rise of 116 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $1,067.25 to $841, which means a 79 % fall.
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 $829 they are 1 % more affordable than the average price for Pigeon Forge . The properties with the highest average price have 2 bedrooms, Their price is 36 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,080.
With regard to the average prices per sq.feet those properties with 1 bedroom are 0 % more affordable than the average price of ($1 / sq.feet) in Pigeon Forge. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 0 % more affordable than the average value aforementioned.
According to average price per property type in Pigeon Forge, "" priced at $1,080 is 30 % more expensive than the average price ($829) in this city.