The rent prices in real estate in Pendleton, 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 Pendleton has risen during the last 6 months. In October, the average price per sq.feet was $1.07. In the following month the price per sq.feet rose considerably to $1.33. In the following two months the price per sq.feet has practically remained the same, going from $1.2 to $1.25 per sq.feet. The price per sq.feet has fallen 95 % 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 $1.23 to $1.16 during February, and March.
When referring to the price in Pendleton (cities), there have hardly been any changes in the last 6 months. The average price for October is $1,683. During November the price had a slight fall till $1,475. In the following two months the average price has hardly changed with regard to the previous two months from $1,579 to $1,581.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 128 % 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 $2,159 they are 49 % more affordable than the average price for Pendleton . The properties with the lowest average price have 4 bedrooms, Their price is 14 % more affordable than the average. After that we have properties with 3 bedrooms priced at $1,754.
According to average price per property type in Pendleton, "" priced at $1,275 is 41 % lower than the average price ($2,159) in this city.