The rent prices in real estate in Chesterton, in the Indiana region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Chesterton has had a strong fall during the last 6 months. In February, the average price per sq.feet was $1. In the following month the price per sq.feet rose to $1.11. The price for the following two months in (April, May) had a considerable fall of 54 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 $0.81 to during June, and July.
When referring to the price in Chesterton (cities), this has risen in the last 6 months. The average price during our first sample month during February, is $913. During March the price went through a considerable rise reaching $1,223. In the following two months the average price has hardly changed with regard to the previous two months from $1,068 to $1,061. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 85 %, going from $1,064.5 to $910 in June and July.
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 $920 they are 7 % more affordable than the average price for Chesterton . The properties with the highest average price have 2 bedrooms, Their price is 3 % more expensive than the average. After that we have properties with 3 bedrooms priced at $931.
According to average price per property type in Chesterton, "" priced at $931 is 1 % more expensive than the average price ($920) in this city.