The rent prices in real estate in Wabash, in the Indiana region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Wabash has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1.15. In the following month the price per sq.feet fell considerably to . In the following two months the price per sq.feet has practically remained the same, going from $0.57 to $0.58 per sq.feet. The price per sq.feet has had a considerable rise of 193 % 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 $0.58 to $1.12 during February, and March.
When referring to the price in Wabash (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is $756. During November the price went through a considerable rise reaching $988. During the following two months (December, January) the average price fell 89 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has increased 111 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $881 they are 38 % more affordable than the average price for Wabash . The properties with the lowest average price have 1 bedroom, Their price is 25 % more affordable than the average. After that we have properties with 2 bedrooms priced at $546.
With regard to the average prices per sq.feet those properties with 1 bedroom are 5 % more expensive than the average price of ($1.2 / sq.feet) in Wabash. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 5 % more expensive than the average value aforementioned.
According to average price per property type in Wabash, "" priced at $546 is 38 % lower than the average price ($881) in this city.