Property prices for rent in Carmel (Indiana)

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.

$1,252
Average price last 6 months
$1.23
Price/sq.feet last 6 months
Average price per sq.feet

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.

Average price

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.

Average price per bedrooms

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.

Price per property type

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.

Charts data
Average price March
Average price per sq.feet March
Number of properties used in Carmel
Number of properties used in region Indiana
$1,268
$1.27
2,426
57,668
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value