The rent prices in real estate in Rabun Gap, in the Georgia region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Rabun Gap has had a strong fall during the last 6 months. In March, the average price per sq.feet was $1.38. In the following month the price per sq.feet fell to $1.31. The price for the following two months in (May, June) had a considerable fall of 0 with regard to the previous two months. The price per sq.feet has had a considerable rise of 153 % 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 $0.67 to $1.03 during July, and August.
When referring to the price in Rabun Gap (cities), this has fallen considerably in the last 6 months. The average price for March is $1,781. During April the price had a considerable fall till $1,476. During the following two months (May, June) the average price had a considerable fall of 30 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 157 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $2,833 they are 85 % more affordable than the average price for Rabun Gap . The properties with the lowest average price have 1 bedroom, Their price is 84 % more affordable than the average. After that we have properties with 2 bedrooms priced at $435.
According to average price per property type in Rabun Gap, "" priced at $435 is 85 % lower than the average price ($2,833) in this city.