The rent prices in real estate in Cedar Lake, 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 Cedar Lake has risen strongly during the last 6 months. In April, the average price per sq.feet was . In the following month the price per sq.feet rose considerably to . The price for the following two months in (June, July) had a considerable rise of 2147483647 %. The price per sq.feet has had a considerable rise of 1519 % 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 $2.6 to $39.5 during August, and September.
When referring to the price in Cedar Lake (cities), this has risen considerably in the last 6 months. In our first sample month during April, the average price is $1,091. In May This price remains at $1,091. During the following two months (June, July) the average price had a considerable rise of 140 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 121 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 27 % more affordable than the average price of $1,071 in Cedar Lake. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 27 % more affordable than the average aforementioned.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,472 it is 27 % more affordable than the average price in Cedar Lake. "Duplex" is seen as the second most affordable property type. The most affordable property is "Duplex" followed by "". At a price of $1,071 it is 3 % more affordable than the average price.
According to the average area price by sq.feet the most affordable property type is "Duplex with an average cost of $10 / sq.feet. "Duplex" with an average price of $10 / sq.feet has the most affordable price and would be directed at less affluent cities.