The rent prices in real estate in Piney Flats, 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 Piney Flats has risen strongly during the last 6 months. In October, the average price per sq.feet was $1. In the following month the price per sq.feet rose considerably to $1.19. In the following two months the price per sq.feet has risen 109 %, going from $1.1 to $1.19 per sq.feet. The price per sq.feet has risen 108 % 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 $1.14 to $1.23 during February, and March.
When referring to the price in Piney Flats (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $1,289. In November This price remains at $1,268. In the following two months the average price has hardly changed with regard to the previous two months from $1,278.5 to $1,312. 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 $1,295.25 and $1,354 between February and March.
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 $1,395 they are 37 % more affordable than the average price for Piney Flats . Based on the bedrooms values, properties with the most expensive rent prices are those with 2 bedrooms. They are 41 % more expensive than the average aforementioned.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $1.25 / sq.feet price in Piney Flats. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 13 % more expensive than the average value aforementioned.