The rent prices in real estate in Tybee Island, in the Georgia region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Tybee Island has had a strong fall during the last 6 months. In October, the average price per sq.feet was $4.91. In the following month the price per sq.feet fell considerably to $3.55. The price for the following two months in (December, January) had a considerable fall of 60 with regard to the previous two months. The price per sq.feet has had a considerable fall of 65 % 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 $3.38 to $2.21 during February, and March.
When referring to the price in Tybee Island (cities), this has risen in the last 6 months. In our first sample month during October, the average price is $2,783. In November This price remains at $2,699. During the following two months (December, January) the price has had an average rise from $2,741 to $3,056. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 116 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 21 % more affordable than the average price of $2,440 in Tybee Island. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 21 % more affordable than the average aforementioned.
According to average price per property type in Tybee Island, "" priced at $2,440 is 21 % lower than the average price ($3,086) in this city.