The rent prices in real estate in Fort Wayne, 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 Fort Wayne has risen strongly during the last 6 months. In July, the average price per sq.feet was $0.8. In August this price barely changed remaining at $0.82 per sq.feet. The price for the following two months in (September, October) had a considerable rise of 120 %. The price per sq.feet has had a considerable rise of 1103 % 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 $0.89 to $9.85 during November, and December.
When referring to the price in Fort Wayne (cities), this has fallen in the last 6 months. The average price for July is $918. During August the price had a considerable fall till $777. During the following two months (September, October) 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 $819.75 and $807 between November and December.
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 $897 they are 23 % more affordable than the average price for Fort Wayne . The properties with the highest average price have 4 bedrooms, Their price is 71 % more expensive than the average. After that we have properties with 3 bedrooms priced at $970.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $0.75 / sq.feet, with an average $18.73 / sq.feet price in Fort Wayne. The properties with the most affordable average prices have 2 bedrooms. They are 12 % more affordable than the average followed by properties with 1 bedroom with a price at $10.28 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $897 it is 15 % more affordable than the average price in Fort Wayne. "House" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "House". At a price of $880 it is 12 % 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 $0.77 / sq.feet followed by "House" priced at $27.77 / sq.feet. "House" is the most expensive type of property with a $27.77 / sq.feet value followed by "Condo" with an average price of $0.77 / sq.feet.