Property prices for rent in Benton Harbor (Michigan)
The rent prices in real estate in Benton Harbor, 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 Benton Harbor has had a strong fall during the last 6 months. In November, the average price per sq.feet was $9.45. In the following month the price per sq.feet fell considerably to $2.82. The price for the following two months in (January, February) had a considerable fall of 40 with regard to the previous two months. The price per sq.feet has had a considerable fall of 46 % 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 $4.28 to $1.96 during March, and April.
When referring to the price in Benton Harbor (cities), this has fallen considerably in the last 6 months. The average price for November is $10,524. During December the price had a considerable fall till $5,894. During the following two months (January, February) the average price had a considerable fall of 56 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $6,392.5 to $2,401.5, which means a 38 % fall.
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 $2,455 they are 68 % more affordable than the average price for Benton Harbor . The properties with the lowest average price have 2 bedrooms, Their price is 52 % more affordable than the average. After that we have properties with 3 bedrooms priced at $910.
According to average price per property type in Benton Harbor, "" priced at $910 is 63 % lower than the average price ($2,455) in this city.
