The rent prices in real estate in Cadillac, 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 Cadillac has had a strong fall during the last 6 months. In September, the average price per sq.feet was $1.13. In the following month the price per sq.feet fell considerably to $0.78. The price for the following two months in (November, December) had a considerable fall of 82 with regard to the previous two months. The price per sq.feet has had a considerable fall of 39 % 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 $0.87 to $0.34 during January, and February.
When referring to the price in Cadillac (cities), this has fallen considerably in the last 6 months. The average price for September is $929. During October the price had a considerable fall till $768. During the following two months (November, December) the average price fell 91 % 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 91 %, going from $811.25 to $738.5 in January and February.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 12 % more affordable than the average price of $720 in Cadillac. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 12 % more affordable than the average aforementioned.
According to average price per property type in Cadillac, "" priced at $720 is 12 % lower than the average price ($817) in this city.