Property prices for rent in Erode (Tamil Nadu)

The price per sq.foot in Erode has barely changed in the last 6 months. In October, the average price per sq.foot was ₹ 9.02. In November this price barely changed remaining at ₹ 8.82 per sq.foot. In the following two months the price per sq.foot has practically remained the same, going from ₹ 8.92 to ₹ 8.49 per sq.foot. The price per sq.foot has hardly changed in the last two months compared to the average price of the previous four months going from an average price of ₹ 8.7 to ₹ 8.63 during February y March

When referring to the price in Erode (cities), this has fallen in the last 6 months. The average price for October is ₹ 9,333. During November the price had a slight fall till ₹ 8,500. In the following two months the average price has hardly changed with regard to the previous two months from ₹ 8,916.5 to ₹ 8,648.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 94 %, going from ₹ 8,782.5 to ₹ 8,239 in February and March.

The graph displaying the average rent price for BHK illustrates that those properties with 1 BHK are the most affordable ones. At a price of ₹ 7,875 they are 33 % more affordable than the average price for Erode . The properties with the highest average price have 3 BHK, Their price is 101 % more expensive than the average. After that we have properties with 4 BHK priced at ₹ 12,662.

With regard to the average price per sq.foot, those properties with 1 BHK are the most affordable ones at a cost of ₹ 7.51 / sq.foot, with an average ₹ 8.23 / sq.foot price in Erode. The properties with the most expensive average prices have 3 BHK. They are 34 % more expensive than the average followed by properties with 2 BHK with a price at ₹ 8.94 / sq.foot.

According to average price per property type in Erode, "" priced at ₹ 12,662 is 61 % more expensive than the average price (₹ 7,875) in this city.