Property prices for rent in Albion (Michigan)
The rent prices in real estate in Albion, in the Michigan region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Albion has risen during the last 6 months. In October, the average price per sq.feet was $0.98. In November this price barely changed remaining at $0.96 per sq.feet. The price for the following two months in (December, January) had a considerable rise of 116 %. 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 $1.05 to $1.03 during February y March
When referring to the price in Albion (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $1,382. In November This price remains at $1,361. In the following two months the average price has hardly changed with regard to the previous two months from $1,371.5 to $1,428. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 91 %, going from $1,399.75 to $1,273 in February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $1,213 they are 18 % more affordable than the average price for Albion . The properties with the highest average price have 4 bedrooms, Their price is 27 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,315.
According to average price per property type in Albion, "" priced at $1,546 is 27 % more expensive than the average price ($1,213) in this city.
