UGC Approved Journal no 63975(19)

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Published in:

Volume 11 Issue 7
July-2024
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIR2407138


Registration ID:
544071

Page Number

b367-b377

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Title

Comparison of different ML algorithms for prediction of House Rental Prices

Abstract

The ever-changing nature of real estate rental prices makes it a prime candidate for applying machine learning in price prediction. In this paper, a novel prediction model, Voting Regressor is proposed to forecast rental values based on current market conditions. It combines the strengths of various algorithms like Ridge Regression, Decision Trees, SVM Regressor, and Random Forest. The proposed prediction model is tested and validated on a housing dataset having 4746 records and 12 features, including physical characteristics and geographical information. This data is sourced from a leading real estate website, www.magicbricks. com, through Kaggle. Further, the model benefits from a rigorous data preprocessing pipeline encompassing data cleaning, outlier removal, fea- ture engineering, scaling, and hyperparameter tuning. We have evaluated and compared the performance of different models employed to predict rental prices.

Key Words

Ridge Regression, SVR, Decision Tree, Gradient Descent

Cite This Article

"Comparison of different ML algorithms for prediction of House Rental Prices", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.11, Issue 7, page no.b367-b377, July-2024, Available :http://www.jetir.org/papers/JETIR2407138.pdf

ISSN


2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"Comparison of different ML algorithms for prediction of House Rental Prices", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.11, Issue 7, page no. ppb367-b377, July-2024, Available at : http://www.jetir.org/papers/JETIR2407138.pdf

Publication Details

Published Paper ID: JETIR2407138
Registration ID: 544071
Published In: Volume 11 | Issue 7 | Year July-2024
DOI (Digital Object Identifier):
Page No: b367-b377
Country: Rohini,Delhi, Delhi, India .
Area: Engineering
ISSN Number: 2349-5162
Publisher: IJ Publication


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