Property prices for rent in Rensselaer (Indiana)
The rent prices in real estate in Rensselaer, 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 Rensselaer has fallen during the last 6 months. In November, the average price per sq.feet was $9. In December this price barely changed remaining at $9 per sq.feet. The price for the following two months in (January, February) fell 94 % with regard to the previous two months. The price per sq.feet has fallen 91 % 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 $8.75 to $8 during March, and April.
When referring to the price in Rensselaer (cities), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $495. In December This price remains at $495. In the following two months the average price has hardly changed with regard to the previous two months from $495 to $494.5. 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 $494.75 and $494 between March and April.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 9 % more affordable than the average price of $450 in Rensselaer. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 9 % more affordable than the average aforementioned.
According to average price per property type in Rensselaer, "" priced at $450 is 9 % lower than the average price ($494) in this city.
