The rent prices in real estate in Commerce Township, in the Michigan region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Commerce Township has risen during the last 6 months. In April, the average price per sq.feet was $1.19. In May this price barely changed remaining at $1.15 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.17 to $1.22 per sq.feet. The price per sq.feet has had a considerable rise of 115 % 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 $1.19 to $1.38 during August, and September.
When referring to the price in Commerce Township (cities), this has risen considerably in the last 6 months. The rent price in April is $1,184, rising in May till $1,323. During the following two months (June, July) the price has had an average rise from $1,253.5 to $1,333. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 125 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 3 bedrooms are the most affordable ones. At a price of $1,586 they are 19 % more affordable than the average price for Commerce Township . The properties with the lowest average price have 1 bedroom, Their price is 5 % more affordable than the average. After that we have properties with 2 bedrooms priced at $1,435.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.36 / sq.feet, with an average $1.45 / sq.feet price in Commerce Township. The properties with the most expensive average prices have 1 bedroom. They are 21 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.36 / sq.feet.
According to average price per property type in Commerce Township, "" priced at $1,277 is 19 % lower than the average price ($1,586) in this city.