Property prices for rent in Hammond (Indiana)
The rent prices in real estate in Hammond, 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 Hammond has fallen during the last 6 months. In November, the average price per sq.feet was $1.61. In December this price barely changed remaining at $1.61 per sq.feet. The price for the following two months in (January, February) fell 91 % with regard to the previous two months. 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 $1.54 to $1.51 during March y April
When referring to the price in Hammond (cities), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $1,318. In December This price remains at $1,381. In the following two months the average price has hardly changed with regard to the previous two months from $1,349.5 to $1,336.5. 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 $1,343 and $1,297 between March and April.
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 $1,351 they are 21 % more affordable than the average price for Hammond . The properties with the highest average price have 4 bedrooms, Their price is 53 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,897.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.45 / sq.feet, with an average $1.56 / sq.feet price in Hammond. The properties with the most expensive average prices have 1 bedroom. They are 29 % more expensive than the average followed by properties with 4 bedrooms with a price at $2 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,351 it is 18 % more affordable than the average price in Hammond. "House" is seen as the second most affordable property type. The most expensive property type is "House" followed by "". At a price of $1,114 it is 18 % more expensive than the average price.
According to the average area price by sq.feet the most affordable property type is "House with an average cost of $1 / sq.feet. "House" with an average price of $1 / sq.feet has the most affordable price and would be directed at less affluent cities.
