The rent prices in real estate in Albion, in the Michigan region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Albion has risen strongly during the last 6 months. In July, the average price per sq.feet was . In the following month the price per sq.feet rose considerably to . The price for the following two months in (September, October) had a considerable rise of 0 %. The price per sq.feet has had a considerable rise of 2147483647 % 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 to $1.04 during November, and December.
When referring to the price in Albion (cities), this has risen considerably in the last 6 months. In our first sample month during July, the average price is $564. In August This price remains at $564. In the following two months the average price has hardly changed with regard to the previous two months from $564 to $566. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 179 % during the last two months.
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 $979 they are 16 % more affordable than the average price for Albion . The properties with the highest average price have 4 bedrooms, Their price is 64 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,325.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $0.87 / sq.feet, with an average $0.96 / sq.feet price in Albion. The properties with the most expensive average prices have 1 bedroom. They are 16 % more expensive than the average followed by properties with 2 bedrooms with a price at $0.87 / sq.feet.
According to average price per property type in Albion, "" priced at $1,604 is 64 % more expensive than the average price ($979) in this city.