The rent prices in real estate in Stone Mountain, in the Georgia region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Stone Mountain has risen during the last 6 months. In October, the average price per sq.feet was $1.08. In November this price barely changed remaining at $1.1 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.09 to $1.13 per sq.feet. The price per sq.feet has risen 113 % 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 $1.11 to $1.25 during February, and March.
When referring to the price in Stone Mountain (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $1,705. In November This price remains at $1,782. In the following two months the average price has hardly changed with regard to the previous two months from $1,743.5 to $1,753. 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 $1,748.25 and $1,727 between February and March.
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 $1,680 they are 42 % more affordable than the average price for Stone Mountain . The properties with the highest average price have 4 bedrooms, Their price is 37 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,827.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.18 / sq.feet, with an average $1.28 / sq.feet price in Stone Mountain. The properties with the most expensive average prices have 1 bedroom. They are 40 % more expensive than the average followed by properties with 3 bedrooms with a price at $1.27 / sq.feet.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $1,680 it is 46 % more affordable than the average price in Stone Mountain. "" is seen as the second most affordable property type. The most expensive property type is "Townhouse" followed by "House". At a price of $1,849 it is 28 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Townhouse" at an average price of $1 / sq.feet followed by "House" priced at $1.22 / sq.feet. "Condo" is the most expensive type of property with a $1.79 / sq.feet value followed by "Apartment" with an average price of $1.31 / sq.feet.