Property prices for rent in South Bend (Indiana)
The rent prices in real estate in South Bend, in the Indiana region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.feet in South Bend has barely changed in the last 6 months. In November, the average price per sq.feet was $1.46. In December this price barely changed remaining at $1.47 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.47 to $1.4 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 $1.43 to $1.4 during March y April
When referring to the price in South Bend (cities), this has fallen in the last 6 months. In our first sample month during November, the average price is $1,442. In December This price remains at $1,397. During the following two months (January, February) the average price fell 92 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 89 %, going from $1,361 to $1,208 in March and April.
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 $1,243 they are 1 % more affordable than the average price for South Bend . The properties with the highest average price have 4 bedrooms, Their price is 204 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,448.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.21 / sq.feet, with an average $1.54 / sq.feet price in South Bend. The properties with the most expensive average prices have 1 bedroom. They are 18 % more expensive than the average followed by properties with 4 bedrooms with a price at $1.78 / sq.feet.
The graph displaying the average rent prices displays the property type "Land" as the most affordable one. At an cost of $1,243 it is 6 % more affordable than the average price in South Bend. "House" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "". At a price of $1,477 it is 26 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $1 / sq.feet followed by "Land" priced at $1.11 / sq.feet. "House" is the most expensive type of property with a $1.6 / sq.feet value followed by "Land" with an average price of $1.11 / sq.feet.
