Property prices for rent in West Lafayette (Indiana)

The rent prices in real estate in West Lafayette, 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.

$904.33
Average price last 6 months
$2.61
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in West Lafayette has risen strongly during the last 6 months. In November, the average price per sq.feet was $1.24. In the following month the price per sq.feet fell to $1.15. The price for the following two months in (January, February) had a considerable rise of 422 %. The price per sq.feet has had a considerable fall of 51 % 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 $3.12 to $1.58 during March, and April.

Average price

When referring to the price in West Lafayette (cities), there have hardly been any changes in the last 6 months. The average price for November is $895. During December the price had a slight fall till $821. During the following two months (January, February) the price has had an average rise from $858 to $910. 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.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $912 they are 22 % more affordable than the average price for West Lafayette . The properties with the highest average price have 1 bedroom, Their price is 14 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,016.

With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.63 / sq.feet, with an average $1.37 / sq.feet price in West Lafayette. The properties with the most expensive average prices have 1 bedroom. They are 36 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.11 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $912 it is 2 % more affordable than the average price in West Lafayette. "" is seen as the second most affordable property type. The most expensive property type is "House" followed by "". At a price of $916 it is 44 % 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 $1.06 / sq.feet followed by "Apartment" priced at $1.35 / sq.feet. "Apartment" is the most affordable type of property with a $1.35 / sq.feet value followed by "House" with an average price of $1.06 / sq.feet.

Charts data
Average price April
Average price per sq.feet April
Number of properties used in West Lafayette
Number of properties used in region Indiana
$912
$1.37
3,490
61,290
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value