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 October, the average price per sq.feet was $1.48. In November the price barely changed remaining at $1.52 per sq.feet. The price per sq.feet for the following two months barely changed going from $1.5 to $1.53 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 $1.52 for the first four months of the sample with regard to the previous 4 months and the price of $1.76 per sq.feet for the last two months (February, March).
When referring to the price in Georgia(region), there have hardly been any changes in the last 6 months. In the first month sample October the average price is $1,579. In November the price remains at $1,628. In the following two months the average price practically remained the same compared to the previous two going from $1,603.5 to $1,551.5. During the last two months the price has gone up 106 % compared to the previous average values going from $1,577.5 a $1,675 in February y March.
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 11 % cheaper than the average price in Georgia followed by those with 2 with an average price of $1,666. The most expensive properties have 4 bedrooms. They are 5 % more expensive than the average followed by those properties with 3 bedrooms priced at $1,801.
Based on the average price per sq.feet those properties with 4 bedrooms are the most affordable ones with a price of $0.97 / sq.feet being $1.84 / sq.feet the average for Georgia. The properties with the highest average price are those with 1 bedroom. These are 10 % more expensive than the average followed by those with 2 bedrooms with a price of $1.52 / sq.feet.
The graph displaying the average rent price according to the property type shows "House" as the most affordable one. With an average cost of $1,726 it is 21 % cheaper than the average in Georgia. This is followed by "Commercial" with a cost of $1,505. The most expensive property type is "Condo" and is 11 % more costly than the average, followed by "Land" with a cost of $1,902.
Based upon the average cost per sq.feet the most affordable property type is "Commercial with a an average price of $1.04 / sq.feet, followed by "Land" with a price of $1.81 / sq.feet. "Condo" with an average price of $105.73 / sq.feet is the most expensive type of property followed by "House" at a price of $8.45 / sq.feet.