The rent prices in real estate in New Albany, in the Indiana region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in New Albany has fallen during the last 6 months. In November, the average price per sq.feet was $1.19. In the following month the price per sq.feet fell to $1.06. In the following two months the price per sq.feet has practically remained the same, going from $1.12 to $1.09 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 $1.11 to $1.13 during March y April
When referring to the price in New Albany (cities), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $1,041. In December This price remains at $1,088. 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 increased 111 % 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 $1,096 they are 34 % more affordable than the average price for New Albany . The properties with the highest average price have 3 bedrooms, Their price is 31 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,067.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.08 / sq.feet, with an average $1.15 / sq.feet price in New Albany. The properties with the most expensive average prices have 1 bedroom. They are 23 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.16 / sq.feet.
According to average price per property type in New Albany, "" priced at $915 is 17 % lower than the average price ($1,096) in this city.