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 December, the average price per sq.feet was $2.43. In the following month the price per sq.feet rose to $2.67. The price for the following two months in (February, March) had a considerable rise of 237 %. The price per sq.feet has had a considerable rise of 265 % 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 $4.3 to $11.38 during April, and May.
When referring to the price in Sun Prairie (cities), this has risen in the last 6 months. In our first sample month during December, the average price is $1,126. In January This price remains at $1,135. During the following two months (February, March) the price has had an average rise from $1,130.5 to $1,273.5. Based on an analysis of the first four prices and the last two months the average price has increased 115 % during the last two months.
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 $1,350 they are 16 % more affordable than the average price for Sun Prairie . The properties with the highest average price have 4 bedrooms, Their price is 47 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,590.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $10.88 / sq.feet, with an average $11.62 / sq.feet price in Sun Prairie. The properties with the most expensive average prices have 3 bedrooms. They are 5 % more expensive than the average followed by properties with 2 bedrooms with a price at $11.78 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,350 it is 17 % more affordable than the average price in Sun Prairie. "House" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "House". At a price of $1,199 it is 9 % 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 $11.88 / sq.feet followed by "House" priced at $12.55 / sq.feet. "House" is the most expensive type of property with a $12.55 / sq.feet value followed by "Condo" with an average price of $11.88 / sq.feet.