The rent prices in real estate in Auburn Hills, 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 Auburn Hills has risen strongly during the last 6 months. In April, the average price per sq.feet was $1.14. In May this price barely changed remaining at $1.12 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.13 to $1.15 per sq.feet. The price per sq.feet has had a considerable rise of 1017 % 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 $1.14 to $11.62 during August, and September.
When referring to the price in Auburn Hills (cities), there have hardly been any changes in the last 6 months. In our first sample month during April, the average price is $1,363. In May This price remains at $1,338. In the following two months the average price has hardly changed with regard to the previous two months from $1,350.5 to $1,366. 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 $1,358.25 and $1,400 between August and September.
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 $1,400 they are 17 % more affordable than the average price for Auburn Hills . The properties with the highest average price have 3 bedrooms, Their price is 25 % more expensive than the average. After that we have properties with 4 bedrooms priced at $1,598.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $21.95 / sq.feet price in Auburn Hills. The properties with the most expensive average prices have 2 bedrooms. They are 89 % more expensive than the average followed by properties with 3 bedrooms with a price at $18.41 / sq.feet.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $1,400 it is 17 % more affordable than the average price in Auburn Hills. "" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Apartment". At a price of $1,401 it is 1 % more expensive than the average price.
According to the average area price by sq.feet the most affordable property type is "Apartment with an average cost of $1 / sq.feet. "Apartment" with an average price of $1 / sq.feet has the most affordable price and would be directed at less affluent cities.