Property prices for rent in Dewitt (Michigan)
The rent prices in real estate in Dewitt, in the Michigan region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Dewitt has fallen during the last 6 months. In March, the average price per sq.feet was $1.53. In April this price barely changed remaining at $1.48 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.5 to $1.58 per sq.feet. The price per sq.feet has fallen 85 % 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 $1.54 to $1.31 during July, and August.
When referring to the price in Dewitt (cities), this has risen in the last 6 months. The average price during our first sample month during March, is $1,557. During April the price went through a considerable rise reaching $2,062. During the following two months (May, June) the average price had a considerable fall of 84 % 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 increased 111 % during the last two months.
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 $2,067 they are 45 % more affordable than the average price for Dewitt . The properties with the lowest average price have 4 bedrooms, Their price is 9 % more affordable than the average. After that we have properties with 3 bedrooms priced at $1,634.
According to average price per property type in Dewitt, "" priced at $1,661 is 20 % lower than the average price ($2,067) in this city.
