The rent prices in real estate in Muncie, in the Indiana region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Muncie has risen during the last 6 months. In January, the average price per sq.feet was $0.86. In the following month the price per sq.feet rose to $0.98. In the following two months the price per sq.feet has practically remained the same, going from $0.92 to $0.95 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $0.94 to $0.97 during May y June
When referring to the price in Muncie (cities), there have hardly been any changes in the last 6 months. The average price for January is $843. During February the price had a slight fall till $775. In the following two months the average price has hardly changed with regard to the previous two months from $809 to $793. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $801 and $841 between May and June.
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 $859 they are 18 % more affordable than the average price for Muncie . The properties with the highest average price have 4 bedrooms, Their price is 50 % more expensive than the average. After that we have properties with 3 bedrooms priced at $917.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $0.82 / sq.feet, with an average $0.97 / sq.feet price in Muncie. The properties with the most expensive average prices have 1 bedroom. They are 15 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.02 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $859 it is 22 % more affordable than the average price in Muncie. "House" is seen as the second most affordable property type. The most affordable property is "House" followed by "". At a price of $668 it is 4 % more affordable than the average price.
According to the average area price by sq.feet the most expensive property type is "House with an average cost of $0.99 / sq.feet. "House" at an average price of $0.99 / sq.feet has the highest price and would be directed at more affluent cities.