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 January, the average price per sq.feet was . In the following month the price per sq.feet rose considerably to $51. The price for the following two months in (March, April) had a considerable fall of 59 with regard to the previous two months. The price per sq.feet has had a considerable fall of 0 % 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 $20.25 to during May, and June.
When referring to the price in Cedar Lake (cities), this has fallen considerably in the last 6 months. The average price for January is $1,896. During February the price had a slight fall till $1,694. During the following two months (March, April) the average price had a considerable fall of 71 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 94 %, going from $1,538.75 to $1,451 in May and June.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 41 % more affordable than the average price of $1,067 in Cedar Lake. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 41 % 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 $1,811 it is 41 % 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 $1,067 it is 20 % more affordable than the average price.
According to the average area price by sq.feet the most expensive property type is "Duplex with an average cost of $13 / sq.feet. "Duplex" at an average price of $13 / sq.feet has the highest price and would be directed at more affluent cities.