The rent prices in real estate in Sun Prairie, in the Wisconsin 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 Sun Prairie has risen strongly during the last 6 months. In October, the average price per sq.feet was $1.38. In the following month the price per sq.feet rose to $1.52. The price for the following two months in (December, January) had a considerable rise of 334 %. The price per sq.feet has had a considerable rise of 141 % 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 $3.14 to $4.45 during February, and March.
When referring to the price in Sun Prairie (cities), this has risen in the last 6 months. The average price during our first sample month during October, is $1,240. During November the price went through a considerable rise reaching $1,426. In the following two months the average price has hardly changed with regard to the previous two months from $1,333 to $1,382.5. 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 $1,357.75 and $1,422.5 between February and March.
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 $1,339 they are 13 % more affordable than the average price for Sun Prairie . The properties with the highest average price have 3 bedrooms, Their price is 54 % more expensive than the average. After that we have properties with 4 bedrooms priced at $1,968.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.18 / sq.feet, with an average $1.44 / sq.feet price in Sun Prairie. The properties with the most expensive average prices have 2 bedrooms. They are 643 % more expensive than the average followed by properties with 4 bedrooms with a price at $5 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most expensive one. At an cost of $1,339 it is 2 % more expensive than the average price in Sun Prairie. "Condo" is seen as the second most expensive property type. The most expensive property type is "" followed by "Condo". At a price of $1,458 it is 13 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "Condo" at an average price of $2 / sq.feet followed by "House" priced at $14 / sq.feet. "House" is the most expensive type of property with a $14 / sq.feet value followed by "Condo" with an average price of $2 / sq.feet.