The rent prices in real estate in Delphi, 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 Delphi has risen strongly during the last 6 months. In April, the average price per sq.feet was . In the following month the price per sq.feet rose considerably to $1. In the following two months the price per sq.feet has practically remained the same, going from $0.5 to $0.48 per sq.feet. The price per sq.feet has had a considerable rise of 188 % 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 $0.49 to $0.92 during August, and September.
When referring to the price in Delphi (cities), this has risen considerably in the last 6 months. The average price during our first sample month during April, is $418. During May the price went through a considerable rise reaching $990. During the following two months (June, July) the average price had a considerable rise of 138 % 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 199 % 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 $1,600 they are 70 % more affordable than the average price for Delphi . The properties with the lowest average price have 1 bedroom, Their price is 60 % more affordable than the average. After that we have properties with 2 bedrooms priced at $482.
According to average price per property type in Delphi, "" priced at $481 is 70 % lower than the average price ($1,600) in this city.