Property prices for rent in Georgia region
The average rent price in the Georgia region has had an strong rise in recent months. There has been a strong rise in the rent prices in this region.
The price per sq.feet in Georgia has risen considerably in the last 6 months. During March, the average price per sq.feet was $1.58. The following month (April) the price had a considerable rise reaching $1.88 per sq.feet. The price per sq.feet for the following two months barely changed going from $1.73 to $1.79 per sq.feet. In the last two months, the price per sq.feet has risen 111 %. This has been obtained by comparing the price $1.76 for the first four months of the sample with regard to the previous 4 months and the price $1.95 per sq.feet for the last two months (July, August).
When referring to the price in Georgia (region), this has fallen in the last 6 months. In the first month sample March the average price is $2,036. In April the price remains at $1,980. The average price for the following two months (May, June) fell 90 % compared to the previous two. During the last two months the average price has not gone through any changes and has gone from $1,910.25 to $1,957.5 during July and August.
The graph displaying the the average rent price per number of bedrooms shows that those with 1 bedroom are the most affordable ones. They are 12 % cheaper than the average price in Georgia followed by those with 2 with an average price of $2,073. The most expensive properties have 4 bedrooms. They are 22 % more expensive than the average followed by those properties with 3 bedrooms priced at $2,076.
Based on the average price per sq.feet those properties with 4 bedrooms are the most affordable ones with a price of $1.21 / sq.feet being $1.99 / sq.feet the average for Georgia. The properties with the highest average price are those with 1 bedroom. These are 14 % more expensive than the average followed by those with 2 bedrooms with a price of $1.82 / sq.feet.
The graph displaying the average rent price according to the property type shows "Commercial" as the most affordable one. With an average cost of $1,973 it is 22 % cheaper than the average in Georgia. This is followed by "Land" with a cost of $1,571. The most expensive property type is "Apartment" and is 64 % more costly than the average, followed by "Condo" with a cost of $2,054.
Based upon the average cost per sq.feet the most affordable property type is "Apartment with a an average price of $1 / sq.feet, followed by "Land" with a price of $1.18 / sq.feet. "House" with an average price of $2 / sq.feet is the most expensive type of property followed by "Condo" at a price of $1.87 / sq.feet.
