The rent prices in real estate in Cicero, 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 Cicero has risen strongly during the last 6 months. In March, the average price per sq.feet was . In the following month the price per sq.feet rose considerably to $1.3. The price for the following two months in (May, June) had a considerable rise of 375 %. The price per sq.feet has had a considerable fall of 35 % 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 $1.55 to $0.55 during July, and August.
When referring to the price in Cicero (cities), there have hardly been any changes in the last 6 months. The average price during our first sample month during March, is $1,388. During April the price went through a considerable rise reaching $1,667. In the following two months the average price has hardly changed with regard to the previous two months from $1,527.5 to $1,470.5. During the last two months the average price has fallen greatly compared to the previous four going from $1,499 to $1,104, which means a 74 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most expensive ones. At a price of $1,125 they are 5 % more expensive than the average price for Cicero. Following this ranking we find those properties with 1 at an average price of $1,340. The properties with the highest average price have 1 bedroom, Their price is 19 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,186.
According to average price per property type in Cicero, "" priced at $1,186 is 5 % more expensive than the average price ($1,125) in this city.