The rent prices in real estate in Pigeon Forge, 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 Pigeon Forge has risen during the last 6 months. In July, the average price per sq.feet was $1.62. In August this price barely changed remaining at $1.63 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.62 to $1.7 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 $1.66 to $1.78 during November, and December.
When referring to the price in Pigeon Forge (cities), there have hardly been any changes in the last 6 months. In our first sample month during July, the average price is $931. In August This price remains at $904. In the following two months the average price has hardly changed with regard to the previous two months from $917.5 to $873.5. Based on an analysis of the first four prices and the last two months the average price has increased 105 % during the last two months.
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 $1,053 they are 0 % more affordable than the average price for Pigeon Forge . The properties with the highest average price have 2 bedrooms, Their price is 7 % 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 ($1.77 / 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 3 % more expensive than the average price ($1,053) in this city.