The rent prices in real estate in Boyne City, 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 Boyne City has had a strong fall during the last 6 months. In October, the average price per sq.feet was $3.1. In the following month the price per sq.feet fell considerably to . The price for the following two months in (December, January) had a considerable fall of 0 with regard to the previous two months. The price per sq.feet has had a considerable fall of 0 % 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 $0.77 to during February, and March.
When referring to the price in Boyne City (cities), this has fallen considerably in the last 6 months. The average price for October is $7,000. During November the price had a considerable fall till $645. During the following two months (December, January) the average price had a considerable fall of 17 % 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 $2,235.75 to $644, which means a 29 % 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 $644 they are 6 % more affordable than the average price for Boyne City . The properties with the lowest average price have 2 bedrooms, Their price is 5 % more affordable than the average. After that we have properties with 1 bedroom priced at $604.
According to average price per property type in Boyne City, "" priced at $611 is 5 % lower than the average price ($644) in this city.