The rent prices in real estate in Peru, 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 Peru has had a strong fall during the last 6 months. In May, the average price per sq.feet was $6.99. In June this price barely changed remaining at $6.98 per sq.feet. The price for the following two months in (July, August) had a considerable fall of 56 with regard to the previous two months. The price per sq.feet has had a considerable fall of 12 % 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 $5.47 to $0.63 during September, and October.
When referring to the price in Peru (cities), this has risen considerably in the last 6 months. The average price during our first sample month during May, is $529. During June the price went through a considerable rise reaching $650. During the following two months (July, August) the price has had an average rise from $589.5 to $647.5. 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 $618.5 and $607.5 between September and October.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most expensive ones. At a price of $603 they are 1 % more expensive than the average price for Peru. Following this ranking we find those properties with 2 at an average price of $776. The properties with the highest average price have 2 bedrooms, Their price is 29 % more expensive than the average. After that we have properties with 1 bedroom priced at $607.
With regard to the average prices per sq.feet those properties with 1 bedroom are 27 % more expensive than the average price of ($0.89 / sq.feet) in Peru. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 27 % more expensive than the average value aforementioned.
According to average price per property type in Peru, "" priced at $776 is 29 % more expensive than the average price ($603) in this city.