The rent prices in real estate in Allendale, 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 Allendale has had a strong fall during the last 6 months. In March, the average price per sq.feet was $9. In the following month the price per sq.feet fell considerably to . The price for the following two months in (May, June) had a considerable fall of 64 with regard to the previous two months. The price per sq.feet has had a considerable fall of 49 % 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 $3.69 to $1.8 during July, and August.
When referring to the price in Allendale (cities), this has risen considerably in the last 6 months. The average price for March is $973. During April the price had a slight fall till $889. During the following two months (May, June) the average price had a considerable rise of 354 % 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 $2,114 and $2,175.5 between July and August.
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 $2,964 they are 70 % more affordable than the average price for Allendale . The properties with the lowest average price have 2 bedrooms, Their price is 70 % more affordable than the average. After that we have properties with 1 bedroom priced at $886.
According to average price per property type in Allendale, "" priced at $889 is 70 % lower than the average price ($2,964) in this city.