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House-Rent-Prediction

The rent of a house depends on a lot of factors. With appropriate data and Machine Learning techniques, many real estate platforms find the housing options according to the customer’s budget.

To build a house rent prediction system, we need data based on the factors affecting the rent of a housing property. I found a dataset from Kaggle which includes all the features we need. You can download the dataset from here.

Dataset Columns

  • BHK: Number of Bedrooms, Hall, Kitchen.
  • Rent: Rent of the Houses/Apartments/Flats.
  • Size: Size of the Houses/Apartments/Flats in Square Feet.
  • Floor: Houses/Apartments/Flats situated in which Floor and Total Number of Floors (Example: Ground out of 2, 3 out of 5, etc.)
  • Area Type: Size of the Houses/Apartments/Flats calculated on either Super Area or Carpet Area or Build Area.
  • Area Locality: Locality of the Houses/Apartments/Flats.
  • City: City where the Houses/Apartments/Flats are Located.
  • Furnishing Status: Furnishing Status of the Houses/Apartments/Flats, either it is Furnished or Semi-Furnished or Unfurnished.
  • Tenant Preferred: Type of Tenant Preferred by the Owner or Agent.
  • Bathroom: Number of Bathrooms.

Neural Network Model

  • Keras Sequential Model
  • Dense and LSTM layers

Prediction Example

Enter House Details to Predict Rent

  • Number of BHK (1-6): 1

  • Size of the House (10-8000): 1000

  • Area Type (Super Area = 1, Carpet Area = 2, Built Area = 3): 3

  • City Codes: Mumbai: 4000 Chennai: 6000 Bangalore: 5600 Hyderabad: 5000 Delhi: 1100 Kolkata: 7000

  • Pin Code of the City: 7000

  • Furnishing Status of the House (Unfurnished = 0, Semi-Furnished = 1, Furnished = 2): 0

  • Tenant Type (Bachelors = 1, Bachelors/Family = 2, Only Family = 3): 2

  • Number of bathrooms (1-10): 1

  • Predicted House Price = [[22519.922]]

About

The rent of a house depends on a lot of factors. With appropriate data and Machine Learning techniques, many real estate platforms find the housing options according to the customer’s budget.

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