Property prices for rent in Albion (Michigan)

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.

$714.5
Average price last 6 months
$0.35
Price/sq.feet last 6 months
Average price per sq.feet

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.

Average price

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.

Average price per bedrooms

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.

Price per property type

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.

Charts data
Average price December
Average price per sq.feet December
Number of properties used in Albion
Number of properties used in region Michigan
$979
$0.96
80
80,548
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value