The rent prices in real estate in Bristol, in the Indiana region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Bristol has risen strongly during the last 6 months. In October, the average price per sq.feet was . In the following month the price per sq.feet rose considerably to $0.99. The price for the following two months in (December, January) had a considerable rise of 200 %. The price per sq.feet has had a considerable rise of 141 % 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 $0.74 to $1.04 during February, and March.
When referring to the price in Bristol (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $857. In November This price remains at $856. In the following two months the average price has hardly changed with regard to the previous two months from $856.5 to $856. Based on an analysis of the first four prices and the last two months the average price has increased 106 % during the last two months.
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 $965 they are 21 % more affordable than the average price for Bristol . The properties with the lowest average price have 3 bedrooms, Their price is 5 % more affordable than the average. After that we have properties with 2 bedrooms priced at $892.
With regard to the average prices per sq.feet those properties with 1 bedroom are 9 % more affordable than the average price of ($1 / sq.feet) in Bristol. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 9 % more affordable than the average value aforementioned.
According to average price per property type in Bristol, "" priced at $914 is 5 % lower than the average price ($965) in this city.