The rent prices in real estate in Crown Point, 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 Crown Point has risen strongly during the last 6 months. In September, the average price per sq.feet was $1.39. In October this price barely changed remaining at $1.4 per sq.feet. The price for the following two months in (November, December) had a considerable rise of 860 %. The price per sq.feet has had a considerable rise of 458 % 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 $6.7 to $30.66 during January, and February.
When referring to the price in Crown Point (cities), this has fallen in the last 6 months. In our first sample month during September, the average price is $2,023. In October This price remains at $2,073. During the following two months (November, December) the average price had a considerable fall of 77 % with regard to the previous two months. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,808.5 and $1,747 between January and February.
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 $1,866 they are 56 % more affordable than the average price for Crown Point . The properties with the lowest average price have 3 bedrooms, Their price is 10 % more affordable than the average. After that we have properties with 4 bedrooms priced at $1,071.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $2 / sq.feet, with an average $39.8 / sq.feet price in Crown Point. The properties with the most affordable average prices have 1 bedroom. They are 85 % more affordable than the average followed by properties with 3 bedrooms with a price at $5 / sq.feet.
According to average price per property type in Crown Point, "" priced at $1,071 is 43 % lower than the average price ($1,866) in this city.