The rent prices in real estate in Snellville, in the Georgia 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 Snellville has risen strongly during the last 6 months. In November, the average price per sq.feet was $1.2. In December this price barely changed remaining at $1.18 per sq.feet. The price for the following two months in (January, February) had a considerable rise of 120 %. The price per sq.feet has risen 113 % 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 $1.31 to $1.48 during March, and April.
When referring to the price in Snellville (cities), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $2,128. In December This price remains at $2,100. In the following two months the average price has hardly changed with regard to the previous two months from $2,114 to $2,129.5. 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 $2,121.75 and $2,186 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 $2,238 they are 12 % more affordable than the average price for Snellville . The properties with the highest average price have 4 bedrooms, Their price is 11 % more expensive than the average. After that we have properties with 2 bedrooms priced at $2,183.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.08 / sq.feet, with an average $1.51 / sq.feet price in Snellville. The properties with the most expensive average prices have 1 bedroom. They are 60 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.95 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $2,238 it is 2 % more affordable than the average price in Snellville. "Apartment" is seen as the second most affordable property type. The most expensive property type is "" followed by "Apartment". At a price of $2,227 it is 11 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $1.14 / sq.feet followed by "Apartment" priced at $2.07 / sq.feet. "Apartment" is the most expensive type of property with a $2.07 / sq.feet value followed by "House" with an average price of $1.14 / sq.feet.