The rent prices in real estate in Lake Station, in the Indiana region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Lake Station has had a strong fall during the last 6 months. In February, the average price per sq.feet was $1.32. In the following month the price per sq.feet fell considerably to . The price for the following two months in (April, May) had a considerable fall of 0 with regard to the previous two months. The price per sq.feet has had a considerable rise of 273 % 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 $0.33 to $0.9 during June, and July.
When referring to the price in Lake Station (cities), this has fallen considerably in the last 6 months. The average price for February is $1,258. During March the price had a considerable fall till $830. During the following two months (April, May) the average price had a considerable fall of 79 % 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 141 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $1,233 they are 32 % more affordable than the average price for Lake Station . The properties with the lowest average price have 1 bedroom, Their price is 32 % more affordable than the average. After that we have properties with 2 bedrooms priced at $836.
According to average price per property type in Lake Station, "" priced at $836 is 32 % lower than the average price ($1,233) in this city.