Property prices for rent in Big Rapids (Michigan)
The rent prices in real estate in Big Rapids, 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 Big Rapids has risen strongly during the last 6 months. In November, the average price per sq.feet was $0.82. In the following month the price per sq.feet rose considerably to $0.96. The price for the following two months in (January, February) had a considerable rise of 433 %. The price per sq.feet has had a considerable fall of 45 % 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 $2.37 to $1.08 during March, and April.
When referring to the price in Big Rapids (cities), this has risen considerably in the last 6 months. In our first sample month during November, the average price is $788. In December This price remains at $815. During the following two months (January, February) the average price had a considerable rise of 749 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 95 %, going from $3,400.75 to $3,221 in March and April.
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 $818 they are 32 % more affordable than the average price for Big Rapids . The properties with the highest average price have 2 bedrooms, Their price is 5 % more expensive than the average. After that we have properties with 3 bedrooms priced at $756.
With regard to the average prices per sq.feet those properties with 2 bedrooms are 2147483647 % more expensive than the average price of ($1 / sq.feet) in Big Rapids. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 2 bedrooms. They are 2147483647 % more expensive than the average value aforementioned.
According to average price per property type in Big Rapids, "" priced at $524 is 36 % lower than the average price ($818) in this city.
