Property prices for rent in Bloomfield Hills (Michigan)

The rent prices in real estate in Bloomfield Hills, 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.

$1,646.83
Average price last 6 months
$5.6
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Bloomfield Hills has had a strong fall during the last 6 months. In April, the average price per sq.feet was $25.52. In the following month the price per sq.feet fell considerably to $1.89. The price for the following two months in (June, July) had a considerable fall of 11 with regard to the previous two months. The price per sq.feet has had a considerable fall of 21 % 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 $7.61 to $1.57 during August, and September.

Average price

When referring to the price in Bloomfield Hills (cities), this has risen considerably in the last 6 months. The average price during our first sample month during April, is $1,198. During May the price went through a considerable rise reaching $1,428. During the following two months (June, July) the average price had a considerable rise of 131 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 126 % during the last two months.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $2,197 they are 41 % more affordable than the average price for Bloomfield Hills . The properties with the highest average price have 4 bedrooms, Their price is 6 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,221.

Price per property type

The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,197 it is 25 % more affordable than the average price in Bloomfield Hills. "House" is seen as the second most affordable property type. The most expensive property type is "House" followed by "". At a price of $1,651 it is 11 % more expensive than the average price.

According to the average area price by sq.feet the most expensive property type is "House with an average cost of $5 / sq.feet. "House" at an average price of $5 / sq.feet has the highest price and would be directed at more affluent cities.

Charts data
Average price September
Average price per sq.feet September
Number of properties used in Bloomfield Hills
Number of properties used in region Michigan
$2,197
$1.58
52
64,510
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value