Property prices for rent in Merrillville (Indiana)

The rent prices in real estate in Merrillville, 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.

$1,089.17
Average price last 6 months
$0.88
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Merrillville has had a strong fall during the last 6 months. In April, the average price per sq.feet was $1.12. In the following month the price per sq.feet fell to $1. The price for the following two months in (June, July) fell 95 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 55 % 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 $1.03 to $0.57 during August, and September.

Average price

When referring to the price in Merrillville (cities), this has fallen in the last 6 months. The average price for April is $1,204. During May the price had a considerable fall till $1,005. During the following two months (June, July) the average price fell 90 % 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 increased 111 % during the last two months.

Average price per bedrooms

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 $1,011 they are 15 % more affordable than the average price for Merrillville . The properties with the highest average price have 4 bedrooms, Their price is 60 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,339.

Price per property type

According to average price per property type in Merrillville, "" priced at $968 is 4 % lower than the average price ($1,011) in this city.

Charts data
Average price September
Average price per sq.feet September
Number of properties used in Merrillville
Number of properties used in region Indiana
$1,011
$1.14
66
54,370
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
3 Bed, 2 Bath New Home Plan In Merrillville, In
 35
3 Bed, 2 Bath New Home Plan In Merrillville, In
$246,900
Merrillville, Indiana - For Sale - House - 1,450 sq.feet - 3 bedrooms - 2 bathrooms
This to-be-built home is the windsor iii s plan by accent homes inc and is located in the community of the lake and porter counties. This single family plan...
3 Bed, 2 Bath New Home Plan In Merrillville, In
 13
3 Bed, 2 Bath New Home Plan In Merrillville, In
$244,500
Merrillville, Indiana - For Sale - House - 1,440 sq.feet - 3 bedrooms - 2 bathrooms
This to-be-built home is the windsor iii plan by accent homes inc and is located in the community of the lake and porter counties. This single family plan home...
3 Bed, 2 Bath New Home Plan In Merrillville, In
 14
3 Bed, 2 Bath New Home Plan In Merrillville, In
$237,900
Merrillville, Indiana - For Sale - House - 1,440 sq.feet - 3 bedrooms - 2 bathrooms
This to-be-built home is the windsor ii plan by accent homes inc and is located in the community of the lake and porter counties. This single family plan home...
4 Bed, 2 Bath New Home Plan In Merrillville, In
 12
4 Bed, 2 Bath New Home Plan In Merrillville, In
$271,500
Merrillville, Indiana - For Sale - House - 2,404 sq.feet - 4 bedrooms - 3 bathrooms
This to-be-built home is the montclaire plan by accent homes inc and is located in the community of the lake and porter counties. This single family plan home...
4 Bed, 2 Bath New Home Plan In Merrillville, In
 41
4 Bed, 2 Bath New Home Plan In Merrillville, In
$264,900
Merrillville, Indiana - For Sale - House - 2,016 sq.feet - 4 bedrooms - 3 bathrooms
This to-be-built home is the phillips plan by accent homes inc and is located in the community of the lake and porter counties. This single family plan home is...