The rent prices in real estate in Elwood, in the Indiana region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Elwood has risen during the last 6 months. In February, the average price per sq.feet was $1.01. In the following month the price per sq.feet rose to $1.07. In the following two months the price per sq.feet has risen 110 %, going from $1.04 to $1.14 per sq.feet. The price per sq.feet has fallen 92 % 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 $1.09 to $1 during June, and July.
When referring to the price in Elwood (cities), this has fallen in the last 6 months. In our first sample month during February, the average price is $908. In March This price remains at $864. During the following two months (April, May) the average price fell 93 % 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 $854.25 and $828.5 between June and July.
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 $824 they are 38 % more affordable than the average price for Elwood . The properties with the highest average price have 3 bedrooms, Their price is 45 % more expensive than the average. After that we have properties with 2 bedrooms priced at $902.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $0.97 / sq.feet, with an average $1.01 / sq.feet price in Elwood. The properties with the most expensive average prices have 1 bedroom. They are 2 % more expensive than the average followed by properties with 2 bedrooms with a price at $0.97 / sq.feet.
According to average price per property type in Elwood, "" priced at $507 is 38 % lower than the average price ($824) in this city.