Property prices for rent in Spencer (Tennessee)

The rent prices in real estate in Spencer, in the Tennessee region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.

$1,047.67
Average price last 6 months
$13.61
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Spencer has had a strong fall during the last 6 months. In September, the average price per sq.feet was $21. In the following month the price per sq.feet fell considerably to $0.26. In the following two months the price per sq.feet has practically remained the same, going from $10.63 to $10.19 per sq.feet. The price per sq.feet has had a considerable rise of 192 % 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 $10.41 to $20 during January, and February.

Average price

When referring to the price in Spencer (cities), there have hardly been any changes in the last 6 months. In our first sample month during September, the average price is $1,092. In October This price remains at $1,099. During the following two months (November, December) the average price fell 87 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has increased 106 % during the last two months.

Average price per bedrooms

The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 3 % more affordable than the average price of $1,058 in Spencer. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 3 % more affordable than the average aforementioned.

With regard to the average prices per sq.feet those properties with 1 bedroom are 80 % more affordable than the average price of ($4 / sq.feet) in Spencer. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 80 % more affordable than the average value aforementioned.

Price per property type

The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,090 it is 4 % more affordable than the average price in Spencer. "House" is seen as the second most affordable property type. The most affordable property is "House" followed by "". At a price of $1,048 it is 3 % more affordable than the average price.

According to the average area price by sq.feet the most affordable property type is "House with an average cost of $4 / sq.feet. "House" with an average price of $4 / sq.feet has the most affordable price and would be directed at less affluent cities.

Charts data
Average price February
Average price per sq.feet February
Number of properties used in Spencer
Number of properties used in region Tennessee
$1,090
$20
12
86,574
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value