Property prices for rent in Shelbyville (Tennessee)
The rent prices in real estate in Shelbyville, in the Tennessee region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Shelbyville has fallen during the last 6 months. In March, the average price per sq.feet was $1.67. In April this price barely changed remaining at $1.67 per sq.feet. The price for the following two months in (May, June) fell 90 % with regard to the previous two months. The price per sq.feet has fallen 91 % 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 $1.59 to $1.44 during July, and August.
When referring to the price in Shelbyville (cities), there have hardly been any changes in the last 6 months. In our first sample month during March, the average price is $1,765. In April This price remains at $1,851. During the following two months (May, June) the average price fell 93 % with regard to the previous two months. 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 $1,740.25 and $1,733.5 between July and August.
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 $1,839 they are 43 % more affordable than the average price for Shelbyville . The properties with the highest average price have 4 bedrooms, Their price is 25 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,807.
According to average price per property type in Shelbyville, "" priced at $1,615 is 12 % lower than the average price ($1,839) in this city.
