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 June, the average price per sq.feet was $1. In July this price barely changed remaining at $1 per sq.feet. The price for the following two months in (August, September) had a considerable fall of 50 with regard to the previous two months. The price per sq.feet has had a considerable rise of 123 % 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 $0.75 to $0.93 during October, and November.
When referring to the price in Chesterton (cities), this has fallen in the last 6 months. In our first sample month during June, the average price is $1,103. In July This price remains at $1,101. In the following two months the average price has hardly changed with regard to the previous two months from $1,102 to $1,055. During the last two months the average price has fallen greatly compared to the previous four going from $1,078.5 to $852, which means a 79 % fall.
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 $941 they are 8 % more affordable than the average price for Chesterton . The properties with the highest average price have 2 bedrooms, Their price is 1 % more expensive than the average. After that we have properties with 3 bedrooms priced at $939.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $0.91 / sq.feet, with an average $0.95 / sq.feet price in Chesterton. The properties with the most expensive average prices have 2 bedrooms. They are 2 % more expensive than the average followed by properties with 1 bedroom with a price at $0.91 / sq.feet.
According to average price per property type in Chesterton, "" priced at $939 is 0 % more expensive than the average price ($941) in this city.