The rent prices in real estate in Merrillville, in the Indiana region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.feet in Merrillville has barely changed in the last 6 months. In December, the average price per sq.feet was $1.01. In the following month the price per sq.feet fell considerably to . The price for the following two months in (February, March) had a considerable rise of 239 %. The price per sq.feet has had a considerable rise of 140 % 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 $0.86 to $1.2 during April, and May.
When referring to the price in Merrillville (cities), this has risen in the last 6 months. The average price for December is $1,075. During January the price had a slight fall till $972. During the following two months (February, March) the price has had an average rise from $1,023.5 to $1,156.5. Based on an analysis of the first four prices and the last two months the average price has increased 109 % 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 $1,139 they are 6 % more affordable than the average price for Merrillville . The properties with the highest average price have 4 bedrooms, Their price is 40 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,323.
According to average price per property type in Merrillville, "" priced at $960 is 16 % lower than the average price ($1,139) in this city.