The rent prices in real estate in Columbia City, 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 Columbia City has risen strongly during the last 6 months. In September, the average price per sq.feet was $0.89. In the following month the price per sq.feet rose to $1.01. The price for the following two months in (November, December) had a considerable rise of 117 %. The price per sq.feet has risen 107 % 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 $1.03 to $1.11 during January, and February.
When referring to the price in Columbia City (cities), there have hardly been any changes in the last 6 months. The average price for September is $990. During October the price had a slight fall till $880. During the following two months (November, December) the price has had an average rise from $935 to $1,072. Based on an analysis of the first four prices and the last two months the average price has increased 107 % during the last two months.
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 $959 they are 17 % more affordable than the average price for Columbia City . The properties with the highest average price have 3 bedrooms, Their price is 32 % more expensive than the average. After that we have properties with 2 bedrooms priced at $901.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $0.95 / sq.feet, with an average $1.04 / sq.feet price in Columbia City. The properties with the most expensive average prices have 1 bedroom. They are 9 % more expensive than the average followed by properties with 2 bedrooms with a price at $0.99 / sq.feet.
According to average price per property type in Columbia City, "" priced at $808 is 16 % lower than the average price ($959) in this city.