The rent prices in real estate in Evansville, 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 Evansville has risen during the last 6 months. In October, the average price per sq.feet was $1.11. In November this price barely changed remaining at $1.12 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.12 to $1.15 per sq.feet. The price per sq.feet has risen 109 % 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 $1.13 to $1.24 during February, and March.
When referring to the price in Evansville (cities), this has risen in the last 6 months. The rent price in October is $995, rising in November till $1,116. During the following two months (December, January) the price has had an average rise from $1,055.5 to $1,141.5. 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 $1,098.5 and $1,058 between February and March.
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 $1,031 they are 11 % more affordable than the average price for Evansville . The properties with the highest average price have 4 bedrooms, Their price is 80 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,359.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.98 / sq.feet, with an average $1.27 / sq.feet price in Evansville. The properties with the most expensive average prices have 1 bedroom. They are 9 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.17 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,031 it is 29 % more affordable than the average price in Evansville. "House" is seen as the second most affordable property type. The most expensive property type is "Commercial" followed by "Condo". At a price of $1,324 it is 42 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $1.15 / sq.feet followed by "Land" priced at $1.21 / sq.feet. "Commercial" is the most expensive type of property with a $1.75 / sq.feet value followed by "House" with an average price of $1.24 / sq.feet.