The average rent price in the Georgia region has had a slight rise in recent months. There has been a rise in the rent prices in this region.
The price per sq.feet in Georgia has risen in the last 6 months. During February, the average price per sq.feet was $1.43. The following month the price fell to $1.31 per sq.feet. The following two months (April, May) went through a rise of 111 % in the rent price per sq.feet rising from $1.37 to $1.51 per sq.feet. In the last two months, the price per sq.feet has had a significant rise of 116 %. This has been obtained by comparing the price of $1.44 for the first four months of the sample with regard to the previous 4 months and the price of $1.67 per sq.feet for the last two months (June, July).
When referring to the price in Georgia(region), there have hardly been any changes in the last 6 months. In the first month sample February the average price is $1,506. In March the price remains at $1,497. In the following two months the average price practically remained the same compared to the previous two going from $1,501.5 to $1,553.5. During the last two months the price has gone up 106 % compared to the previous average values going from $1,527.5 a $1,622.5 in June y July.
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 18 % cheaper than the average price in Georgia followed by those with 2 with an average price of $1,528. The most expensive properties have 4 bedrooms. They are 11 % more expensive than the average followed by those properties with 3 bedrooms priced at $1,633.
Based on the average price per sq.feet those properties with 4 bedrooms are the most affordable ones with a price of $0.91 / sq.feet being $1.74 / sq.feet the average for Georgia. The properties with the highest average price are those with 1 bedroom. These are 21 % more expensive than the average followed by those with 2 bedrooms with a price of $1.44 / 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 $1,643 it is 37 % cheaper than the average in Georgia. This is followed by "House" with a cost of $1,418. The most expensive property type is "Farm" and is 13 % more costly than the average, followed by "Land" with a cost of $1,833.
Based upon the average cost per sq.feet the most affordable property type is "House with a an average price of $1.68 / sq.feet, followed by "Land" with a price of $1.8 / sq.feet. "Condo" with an average price of $47.96 / sq.feet is the most expensive type of property followed by "Commercial" at a price of $11.81 / sq.feet.