The rent prices in real estate in Evansville, in the Indiana region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Evansville has fallen during the last 6 months. In May, the average price per sq.feet was $1.08. In June this price barely changed remaining at $1.08 per sq.feet. The price for the following two months in (July, August) had a considerable fall of 84 with regard to the previous two months. The price per sq.feet has fallen 93 % 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 $0.99 to $0.92 during September, and October.
When referring to the price in Evansville (cities), this has risen in the last 6 months. In our first sample month during May, the average price is $673. In June This price remains at $654. During the following two months (July, August) the price has had an average rise from $663.5 to $719.5. Based on an analysis of the first four prices and the last two months the average price has increased 114 % during the last two months.
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 $828 they are 19 % more affordable than the average price for Evansville . The properties with the highest average price have 4 bedrooms, Their price is 73 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,264.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.72 / sq.feet, with an average $0.93 / sq.feet price in Evansville. The properties with the most expensive average prices have 1 bedroom. They are 15 % more expensive than the average followed by properties with 3 bedrooms with a price at $0.88 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $828 it is 16 % more affordable than the average price in Evansville. "" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "". At a price of $763 it is 16 % 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 $0.82 / sq.feet followed by "House" priced at $0.98 / sq.feet. "House" is the most expensive type of property with a $0.98 / sq.feet value followed by "Condo" with an average price of $0.82 / sq.feet.