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 July, the average price per sq.feet was $0.76. In the following month the price per sq.feet rose considerably to $1.16. The price for the following two months in (September, October) had a considerable rise of 118 %. The price per sq.feet has risen 111 % 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 $1.05 to $1.16 during November, and December.
When referring to the price in Crown Point (cities), this has fallen considerably in the last 6 months. In our first sample month during July, the average price is $1,690. In August This price remains at $1,641. During the following two months (September, October) the average price had a considerable fall of 70 % 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 $1,413.5 and $1,477 between November and December.
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 $1,795 they are 54 % more affordable than the average price for Crown Point . The properties with the lowest average price have 3 bedrooms, Their price is 7 % more affordable than the average. After that we have properties with 4 bedrooms priced at $1,061.
With regard to the average prices per sq.feet those properties with 1 bedroom are 17 % more affordable than the average price of ($1 / sq.feet) in Crown Point. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 17 % more affordable than the average value aforementioned.
According to average price per property type in Crown Point, "" priced at $1,061 is 41 % lower than the average price ($1,795) in this city.