Property prices for rent in Bay City (Michigan)
The rent prices in real estate in Bay City, in the Michigan region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.feet in Bay City has barely changed in the last 6 months. In November, the average price per sq.feet was $1.23. In December this price barely changed remaining at $1.18 per sq.feet. The price for the following two months in (January, February) fell 93 % with regard to the previous two months. The price per sq.feet has risen 109 % 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 $1.16 to $1.27 during March, and April.
When referring to the price in Bay City (cities), this has fallen in the last 6 months. In our first sample month during November, the average price is $972. In December This price remains at $957. In the following two months the average price has hardly changed with regard to the previous two months from $964.5 to $941. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 93 %, going from $952.75 to $886 in March and April.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $898 they are 25 % more affordable than the average price for Bay City . The properties with the highest average price have 3 bedrooms, Their price is 16 % more expensive than the average. After that we have properties with 2 bedrooms priced at $969.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $1.34 / sq.feet price in Bay City. The properties with the most expensive average prices have 1 bedroom. They are 11 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.11 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $898 it is 25 % more affordable than the average price in Bay City. "Land" is seen as the second most affordable property type. The most expensive property type is "Land" followed by "". At a price of $671 it is 344 % more expensive than the average price.
According to the average area price by sq.feet the most expensive property type is "Land with an average cost of $2 / sq.feet. "Land" at an average price of $2 / sq.feet has the highest price and would be directed at more affluent cities.
