Property prices for rent in Algonac (Michigan)

The price per sq.feet in Algonac has risen strongly during the last 6 months. In October, the average price per sq.feet was $1.36. In the following month the price per sq.feet rose to $1.47. The price for the following two months in (December, January) had a considerable rise of 117 %. The price per sq.feet has risen 106 % 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 $1.54 to $1.63 during February, and March.

When referring to the price in Algonac (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is $1,388. During November the price went through a considerable rise reaching $1,993. During the following two months (December, January) the average price fell 92 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 116 % 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 $2,233 they are 63 % more affordable than the average price for Algonac . The properties with the lowest average price have 3 bedrooms, Their price is 40 % more affordable than the average. After that we have properties with 2 bedrooms priced at $1,111.

According to average price per property type in Algonac, "" priced at $1,331 is 40 % lower than the average price ($2,233) in this city.