The rent prices in real estate in Delphi, 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 Delphi has had a strong fall during the last 6 months. In November, the average price per sq.feet was $1.28. In the following month the price per sq.feet fell to $1.14. The price for the following two months in (January, February) had a considerable fall of 57 with regard to the previous two months. The price per sq.feet has had a considerable fall of 53 % 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 $0.95 to $0.5 during March, and April.
When referring to the price in Delphi (cities), this has fallen in the last 6 months. The average price for November is $1,417. During December the price had a considerable fall till $1,189. During the following two months (January, February) the average price had a considerable fall of 77 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 132 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $1,461 they are 68 % more affordable than the average price for Delphi . The properties with the lowest average price have 1 bedroom, Their price is 56 % more affordable than the average. After that we have properties with 2 bedrooms priced at $475.
According to average price per property type in Delphi, "" priced at $474 is 68 % lower than the average price ($1,461) in this city.