The rent prices in real estate in New Carlisle, 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.
The price per sq.feet in New Carlisle has had a strong fall during the last 6 months. In May, the average price per sq.feet was $0.9. In June this price barely changed remaining at $0.9 per sq.feet. The price for the following two months in (July, August) had a considerable fall of 52 with regard to the previous two months. The price per sq.feet has had a considerable rise of 127 % 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 $0.68 to $0.87 during September, and October.
When referring to the price in New Carlisle (cities), there have hardly been any changes in the last 6 months. In our first sample month during May, the average price is $804. In June This price remains at $804. In the following two months the average price has hardly changed with regard to the previous two months from $804 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 $798.5 and $801 between September and October.
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 $803 they are 14 % more affordable than the average price for New Carlisle . The properties with the lowest average price have 2 bedrooms, Their price is 10 % more affordable than the average. After that we have properties with 1 bedroom priced at $689.
According to average price per property type in New Carlisle, "" priced at $721 is 10 % lower than the average price ($803) in this city.