Property prices for rent in Springfield (Tennessee)

The rent prices in real estate in Springfield, 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.

Average price last 6 months
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Springfield has risen strongly during the last 6 months. In August, the average price per sq.feet was $1.01. In September this price barely changed remaining at $1 per sq.feet. The price for the following two months in (October, November) had a considerable rise of 395 %. The price per sq.feet has had a considerable rise of 402 % 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 $2.49 to $10 during December, and January.

Average price

When referring to the price in Springfield (cities), this has fallen in the last 6 months. The average price for August is $1,635. During September the price had a slight fall till $1,528. During the following two months (October, November) the average price had a considerable fall of 75 % 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 115 % during the last two months.

Average price per bedrooms

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 $1,664 they are 56 % more affordable than the average price for Springfield . The properties with the lowest average price have 3 bedrooms, Their price is 32 % more affordable than the average. After that we have properties with 4 bedrooms priced at $1,024.

Price per property type

According to average price per property type in Springfield, "" priced at $1,024 is 38 % lower than the average price ($1,664) in this city.

Charts data
Average price January
Average price per sq.feet January
Number of properties used in Springfield
Number of properties used in region Tennessee
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value