The rent prices in real estate in Carmel, 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 Carmel has risen during the last 6 months. In October, the average price per sq.feet was $1.14. In the following month the price per sq.feet rose to $1.23. In the following two months the price per sq.feet has practically remained the same, going from $1.18 to $1.24 per sq.feet. The price per sq.feet has risen 105 % 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 $1.21 to $1.27 during February, and March.
When referring to the price in Carmel (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $1,263. In November This price remains at $1,201. In the following two months the average price has hardly changed with regard to the previous two months from $1,232 to $1,219. 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 $1,268 they are 13 % more affordable than the average price for Carmel . The properties with the highest average price have 4 bedrooms, Their price is 82 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,665.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.74 / sq.feet, with an average $1.27 / sq.feet price in Carmel. 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 $1.21 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $1,268 it is 0 % more affordable than the average price in Carmel. "" is seen as the second most affordable property type. The most expensive property type is "House" followed by "". At a price of $1,769 it is 85 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "Apartment" at an average price of $1.28 / sq.feet followed by "House" priced at $5.54 / sq.feet. "House" is the most expensive type of property with a $5.54 / sq.feet value followed by "Apartment" with an average price of $1.28 / sq.feet.