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 February, the average price per sq.feet was $1.46. In the following month the price per sq.feet rose considerably to $8.01. The price for the following two months in (April, May) had a considerable fall of 28 with regard to the previous two months. The price per sq.feet has had a considerable fall of 44 % 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 $3.04 to $1.35 during June, and July.
When referring to the price in South Pittsburg (cities), there have hardly been any changes in the last 6 months. The average price for February is $980. During March the price had a slight fall till $869. In the following two months the average price has hardly changed with regard to the previous two months from $924.5 to $912. Based on an analysis of the first four prices and the last two months the average price has increased 111 % during the last two months.
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 $1,079 they are 46 % more affordable than the average price for South Pittsburg . The properties with the lowest average price have 2 bedrooms, Their price is 2 % more affordable than the average. After that we have properties with 1 bedroom priced at $850.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most expensive ones at a cost of $1.55 / sq.feet, with an average $1.31 / sq.feet price in South Pittsburg. The properties with the most expensive average prices have 2 bedrooms. They are 587 % more expensive than the average followed by properties with 1 bedroom with a price at $1.55 / sq.feet.
According to average price per property type in South Pittsburg, "" priced at $586 is 46 % lower than the average price ($1,079) in this city.