The rent prices in real estate in Allendale, 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 Allendale 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 $0.6. The price for the following two months in (September, October) had a considerable rise of 1628 %. The price per sq.feet has had a considerable fall of 29 % 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 $2.59 to $0.75 during November, and December.
When referring to the price in Allendale (cities), there have hardly been any changes in the last 6 months. The average price for July is $880. During August the price had a considerable fall till $660. During the following two months (September, October) the average price had a considerable rise of 121 % 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 115 % 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 $945 they are 6 % more affordable than the average price for Allendale . The properties with the lowest average price have 2 bedrooms, Their price is 5 % more affordable than the average. After that we have properties with 1 bedroom priced at $889.
According to average price per property type in Allendale, "" priced at $897 is 5 % lower than the average price ($945) in this city.