The rent prices in real estate in Allen Park, in the Michigan region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Allen Park has had a strong fall during the last 6 months. In April, the average price per sq.feet was $1.09. In May this price barely changed remaining at $1.05 per sq.feet. The price for the following two months in (June, July) had a considerable fall of 47 with regard to the previous two months. The price per sq.feet has had a considerable rise of 136 % 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 $0.79 to $1.07 during August, and September.
When referring to the price in Allen Park (cities), there have hardly been any changes in the last 6 months. In our first sample month during April, the average price is $1,156. In May This price remains at $1,144. During the following two months (June, July) the average price fell 94 % with regard to the previous two months. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,116.25 and $1,100 between August and September.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 6 % more affordable than the average price of $996 in Allen Park. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 6 % more affordable than the average aforementioned.
According to average price per property type in Allen Park, "" priced at $996 is 6 % lower than the average price ($1,064) in this city.