The rent prices in real estate in South Pittsburg, 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 South Pittsburg has risen strongly during the last 6 months. In May, the average price per sq.feet was . In the following month the price per sq.feet rose considerably to $1.71. The price for the following two months in (July, August) had a considerable fall of 58 with regard to the previous two months. The price per sq.feet has had a considerable rise of 182 % 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 $0.68 to $1.23 during September, and October.
When referring to the price in South Pittsburg (cities), this has risen in the last 6 months. The rent price in May is $849, rising in June till $939. During the following two months (July, August) the price has had an average rise from $894 to $1,002.5. 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 $948.25 and $957 between September and October.
The graph displaying the average rent price for bedrooms illustrates that those properties with 3 bedrooms are the most affordable ones. At a price of $949 they are 39 % more affordable than the average price for South Pittsburg . The properties with the highest average price have 2 bedrooms, Their price is 5 % more expensive than the average. After that we have properties with 1 bedroom priced at $983.
With regard to the average prices per sq.feet those properties with 1 bedroom are 23 % more expensive than the average price of ($1.79 / sq.feet) in South Pittsburg. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 23 % more expensive than the average value aforementioned.
According to average price per property type in South Pittsburg, "" priced at $576 is 39 % lower than the average price ($949) in this city.