The rent prices in real estate in Rincon, 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 Rincon has had a strong fall during the last 6 months. In November, the average price per sq.feet was $0.87. In the following month the price per sq.feet rose to $1. The price for the following two months in (January, February) fell 88 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 59 % 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 $0.88 to $0.51 during March, and April.
When referring to the price in Rincon (cities), there have hardly been any changes in the last 6 months. The average price for November is $1,500. During December the price had a slight fall till $1,316. During the following two months (January, February) the price has had an average rise from $1,408 to $1,604. 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 $1,506 and $1,505 between March and April.
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 $1,110 they are 48 % more affordable than the average price for Rincon . The properties with the highest average price have 3 bedrooms, Their price is 22 % more expensive than the average. After that we have properties with 4 bedrooms priced at $980.
According to average price per property type in Rincon, "" priced at $980 is 12 % lower than the average price ($1,110) in this city.