The rent prices in real estate in Nappanee, in the Indiana region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Nappanee has risen strongly during the last 6 months. In February, the average price per sq.feet was . In the following month the price per sq.feet rose considerably to $1. 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 500 % 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 $0.25 to $1.25 during June, and July.
When referring to the price in Nappanee (cities), this has fallen considerably in the last 6 months. In our first sample month during February, the average price is $733. In March This price remains at $731. During the following two months (April, May) the average price had a considerable fall of 0 % 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 217 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 3 bedrooms are the most affordable ones. At a price of $811 they are 13 % more affordable than the average price for Nappanee . The properties with the highest average price have 2 bedrooms, Their price is 4 % more expensive than the average. After that we have properties with 1 bedroom priced at $750.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $1.25 / sq.feet, with an average $1.27 / sq.feet price in Nappanee. The properties with the most affordable average prices have 2 bedrooms. They are 0 % more affordable than the average followed by properties with 1 bedroom with a price at $1.25 / sq.feet.
According to average price per property type in Nappanee, "" priced at $702 is 13 % lower than the average price ($811) in this city.