The rent prices in real estate in Boonville, in the Indiana region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Boonville has had a strong fall during the last 6 months. In October, the average price per sq.feet was $89.44. In the following month the price per sq.feet fell considerably to $21.95. The price for the following two months in (December, January) had a considerable fall of 43 with regard to the previous two months. The price per sq.feet has had a considerable fall of 1 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $39.73 to $0.47 during February, and March.
When referring to the price in Boonville (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is $930. During November the price went through a considerable rise reaching $19,606. During the following two months (December, January) the average price had a considerable rise of 207 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $15,740.5 to $740, which means a 5 % fall.
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 $702 they are 33 % more affordable than the average price for Boonville . The properties with the highest average price have 3 bedrooms, Their price is 39 % more expensive than the average. After that we have properties with 2 bedrooms priced at $513.
According to average price per property type in Boonville, "" priced at $978 is 39 % more expensive than the average price ($702) in this city.