The rent prices in real estate in Sparta, 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 Sparta has risen strongly during the last 6 months. In September, the average price per sq.feet was $4. In the following month the price per sq.feet rose considerably to $20. The price for the following two months in (November, December) had a considerable fall of 8 with regard to the previous two months. The price per sq.feet has had a considerable fall of 13 % 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 $6.48 to $0.87 during January, and February.
When referring to the price in Sparta (cities), this has fallen considerably in the last 6 months. The average price for September is $1,243. During October the price had a considerable fall till $761. During the following two months (November, December) the price has had an average rise from $1,002 to $1,097.5. During the last two months the average price has fallen greatly compared to the previous four going from $1,049.75 to $773, which means a 74 % fall.
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 $810 they are 29 % more affordable than the average price for Sparta . The properties with the lowest average price have 2 bedrooms, Their price is 3 % more affordable than the average. After that we have properties with 1 bedroom priced at $578.
With regard to the average prices per sq.feet those properties with 1 bedroom are 10 % more affordable than the average price of ($0.81 / sq.feet) in Sparta. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 10 % more affordable than the average value aforementioned.
According to average price per property type in Sparta, "" priced at $789 is 3 % lower than the average price ($810) in this city.