Property prices for rent in Lowell (Indiana)
The rent prices in real estate in Lowell, 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 Lowell has had a strong fall during the last 6 months. In November, the average price per sq.feet was $1.26. In the following month the price per sq.feet rose to $1.43. The price for the following two months in (January, February) had a considerable fall of 50 with regard to the previous two months. The price per sq.feet has had a considerable fall of 50 % 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 $1.01 to $0.5 during March, and April.
When referring to the price in Lowell (cities), this has risen considerably in the last 6 months. The average price during our first sample month during November, is $1,096. During December the price went through a considerable rise reaching $1,798. During the following two months (January, February) the average price fell 86 % 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 126 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 38 % more affordable than the average price of $912 in Lowell. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 38 % more affordable than the average aforementioned.
According to average price per property type in Lowell, "" priced at $912 is 38 % lower than the average price ($1,481) in this city.
