Property prices for rent in Gary (Indiana)

The rent prices in real estate in Gary, 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.

$872.33
Average price last 6 months
$0.93
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Gary has risen during the last 6 months. In July, the average price per sq.feet was $0.83. In August this price barely changed remaining at $0.81 per sq.feet. The price for the following two months in (September, October) had a considerable rise of 119 %. The price per sq.feet has risen 110 % 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 $0.9 to $0.99 during November, and December.

Average price

When referring to the price in Gary (cities), this has risen in the last 6 months. In our first sample month during July, the average price is $800. In August This price remains at $783. In the following two months the average price has hardly changed with regard to the previous two months from $791.5 to $823. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 124 % during the last two months.

Average price per bedrooms

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 $1,085 they are 48 % more affordable than the average price for Gary . The properties with the lowest average price have 4 bedrooms, Their price is 20 % more affordable than the average. After that we have properties with 3 bedrooms priced at $845.

Price per property type

According to average price per property type in Gary, "" priced at $1,257 is 16 % more expensive than the average price ($1,085) in this city.

Charts data
Average price December
Average price per sq.feet December
Number of properties used in Gary
Number of properties used in region Indiana
$1,085
$0.97
186
72,344
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value