The rent prices in real estate in Muncie, in the Indiana region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Muncie has risen during the last 6 months. In October, the average price per sq.feet was $1. In November this price barely changed remaining at $1.03 per sq.feet. In the following two months the price per sq.feet has risen 106 %, going from $1.01 to $1.08 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $1.05 to $1.05 during February y March
When referring to the price in Muncie (cities), there have hardly been any changes in the last 6 months. The rent price in October is $890, rising in November till $939. In the following two months the average price has hardly changed with regard to the previous two months from $914.5 to $944. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $929.25 and $915.5 between February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $948 they are 22 % more affordable than the average price for Muncie . The properties with the highest average price have 4 bedrooms, Their price is 62 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,117.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.94 / sq.feet, with an average $1.07 / sq.feet price in Muncie. The properties with the most expensive average prices have 1 bedroom. They are 12 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.06 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $948 it is 19 % more affordable than the average price in Muncie. "Condo" is seen as the second most affordable property type. The most expensive property type is "Land" followed by "House". At a price of $926 it is 26 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Land" at an average price of $0.99 / sq.feet followed by "Condo" priced at $1 / sq.feet. "House" is the most expensive type of property with a $1.08 / sq.feet value followed by "Condo" with an average price of $1 / sq.feet.