The rent prices in real estate in Indiana, in the Pennsylvania 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 Indiana has risen strongly during the last 6 months. In October, the average price per sq.feet was $2.89. In the following month the price per sq.feet fell considerably to $0.93. The price for the following two months in (December, January) had a considerable rise of 313 %. The price per sq.feet has had a considerable rise of 178 % 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 $3.94 to $7 during February, and March.
When referring to the price in Indiana (cities), this has risen considerably in the last 6 months. The average price for October is $1,405. During November the price had a considerable fall till $899. During the following two months (December, January) the average price had a considerable rise of 821 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 220 % 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 $8,327 they are 94 % more affordable than the average price for Indiana . The properties with the highest average price have 4 bedrooms, Their price is 206 % more expensive than the average. After that we have properties with 3 bedrooms priced at $19,336.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $0.73 / sq.feet, with an average $4.73 / sq.feet price in Indiana. The properties with the most expensive average prices have 4 bedrooms. They are 212 % more expensive than the average followed by properties with 2 bedrooms with a price at $14.42 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $8,327 it is 93 % more affordable than the average price in Indiana. "" is seen as the second most affordable property type. The most expensive property type is "House" followed by "". At a price of $1,988 it is 279 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Apartment" at an average price of $0.78 / sq.feet followed by "House" priced at $18.08 / sq.feet. "House" is the most expensive type of property with a $18.08 / sq.feet value followed by "Apartment" with an average price of $0.78 / sq.feet.