Property prices for rent in Tennessee region
The average rent price in the Tennessee region has had a slight fall in recent months. There has been a fall in the rent prices in this region.
The price per sq.feet in Tennessee has fallen in the last 6 months. During October, the average price per sq.feet was $1.45. The following month the price fell to $1.32 per sq.feet. The price per sq.feet for the following two months barely changed going from $1.38 to $1.37 per sq.feet. In the last two months, the price has barely changed with regard to the average value for the last 4 months going from an average price per sq.feet of $1.38 to $1.31 during February and March.
When referring to the price in Tennessee(region), there have hardly been any changes in the last 6 months. The average rent price in October is $1,831. In November the price rose to $1,926. In the following two months the average price practically remained the same compared to the previous two going from $1,878.5 to $1,794. During the last two months the price has gone down 93 % compared to the previous average values going from $1,836.25 a $1,714 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 30 % cheaper than the average price in Tennessee followed by those with 2 with an average price of $1,482. The most expensive properties have 4 bedrooms. They are 70 % more expensive than the average followed by those properties with 3 bedrooms priced at $1,904.
Based on the average price per sq.feet those properties with 3 bedrooms are the most affordable ones with a price of $1.27 / sq.feet being $1.28 / sq.feet the average for Tennessee. The properties with the highest average price are those with 1 bedroom. These are 30 % more expensive than the average followed by those with 2 bedrooms with a price of $1.37 / 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 $1,648 it is 24 % cheaper than the average in Tennessee. This is followed by "Townhouse" with a cost of $1,342. The most expensive property type is "Apartment" and is 76 % more costly than the average, followed by "Condo" with a cost of $2,196.
Based upon the average cost per sq.feet the most affordable property type is "Commercial with a an average price of $1 / sq.feet, followed by "Townhouse" with a price of $1.17 / sq.feet. "Condo" with an average price of $2.3 / sq.feet is the most expensive type of property followed by "Land" at a price of $1.32 / sq.feet.
