Property prices for rent in Spencer (Indiana)
The rent prices in real estate in Spencer, in the Indiana region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Spencer has risen strongly during the last 6 months. In October, the average price per sq.feet was . In the following month the price per sq.feet rose considerably to $0.84. In the following two months the price per sq.feet has practically remained the same, going from $0.42 to $0.42 per sq.feet. The price per sq.feet has had a considerable fall of 0 % 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 $0.42 to during February, and March.
When referring to the price in Spencer (cities), there have hardly been any changes in the last 6 months. The average price during our first sample month during October, is $657. During November the price went through a considerable rise reaching $843. In the following two months the average price has hardly changed with regard to the previous two months from $750 to $726. During the last two months the average price has fallen greatly compared to the previous four going from $738 to $513, which means a 70 % fall.
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 $513 they are 0 % more affordable than the average price for Spencer . The properties with the highest average price have 2 bedrooms, Their price is 15 % more expensive than the average. After that we have properties with 4 bedrooms priced at $586.
According to average price per property type in Spencer, "" priced at $550 is 7 % more expensive than the average price ($513) in this city.
