The rent prices in real estate in Dearborn Heights, 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 Dearborn Heights has risen strongly during the last 6 months. In October, the average price per sq.feet was $1.02. In the following month the price per sq.feet fell to $0.95. The price for the following two months in (December, January) had a considerable rise of 326 %. The price per sq.feet has had a considerable rise of 494 % 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 $2.1 to $10.37 during February, and March.
When referring to the price in Dearborn Heights (cities), this has fallen in the last 6 months. The average price for October is $1,076. During November the price had a slight fall till $970. In the following two months the average price has hardly changed with regard to the previous two months from $1,023 to $1,010.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,016.75 and $1,026 between February and March.
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 $1,044 they are 18 % more affordable than the average price for Dearborn Heights . The properties with the highest average price have 4 bedrooms, Their price is 34 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,049.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $11.29 / sq.feet price in Dearborn Heights. The properties with the most expensive average prices have 1 bedroom. They are 245 % more expensive than the average followed by properties with 2 bedrooms with a price at $31 / sq.feet.
According to average price per property type in Dearborn Heights, "" priced at $1,054 is 1 % more expensive than the average price ($1,044) in this city.