The rent prices in real estate in Franklin, 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 Franklin has risen during the last 6 months. In October, the average price per sq.feet was $1.19. In November this price barely changed remaining at $1.22 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.21 to $1.26 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $1.23 to $1.28 during February y March
When referring to the price in Franklin (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $1,500. In November This price remains at $1,465. In the following two months the average price has hardly changed with regard to the previous two months from $1,482.5 to $1,504. 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 $1,493.25 and $1,525.5 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 $1,531 they are 29 % more affordable than the average price for Franklin . The properties with the highest average price have 4 bedrooms, Their price is 29 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,658.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.97 / sq.feet, with an average $1.28 / sq.feet price in Franklin. The properties with the most expensive average prices have 1 bedroom. They are 30 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.44 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $1,531 it is 6 % more affordable than the average price in Franklin. "" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "House". At a price of $1,584 it is 24 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $1.15 / sq.feet followed by "Apartment" priced at $1.42 / sq.feet. "Condo" is the most expensive type of property with a $1.7 / sq.feet value followed by "Apartment" with an average price of $1.42 / sq.feet.