The rent prices in real estate in West Lafayette, in the Indiana region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in West Lafayette has fallen during the last 6 months. In November, the average price per sq.feet was $1.87. In the following month the price per sq.feet fell to $1.7. In the following two months the price per sq.feet has practically remained the same, going from $1.78 to $1.79 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 $1.79 to $1.73 during March y April
When referring to the price in West Lafayette (cities), this has risen in the last 6 months. In our first sample month during November, the average price is $1,420. In December This price remains at $1,377. During the following two months (January, February) the average price had a considerable rise of 118 % 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 107 % 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 $1,664 they are 7 % more affordable than the average price for West Lafayette . The properties with the highest average price have 4 bedrooms, Their price is 12 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,767.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.13 / sq.feet, with an average $1.6 / sq.feet price in West Lafayette. The properties with the most expensive average prices have 1 bedroom. They are 61 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.54 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,664 it is 7 % more affordable than the average price in West Lafayette. "Apartment" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Apartment". At a price of $1,578 it is 14 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $1.26 / sq.feet followed by "Apartment" priced at $1.89 / sq.feet. "Apartment" is the most expensive type of property with a $1.89 / sq.feet value followed by "House" with an average price of $1.26 / sq.feet.