The rent prices in real estate in East Lansing, in the Michigan region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.feet in East Lansing has barely changed in the last 6 months. In December, the average price per sq.feet was $0.99. In the following month the price per sq.feet fell to $0.9. In the following two months the price per sq.feet has risen 110 %, going from $0.94 to $1.03 per sq.feet. The price per sq.feet has risen 109 % 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 $0.99 to $1.08 during April, and May.
When referring to the price in East Lansing (cities), this has risen in the last 6 months. The average price for December is $739. During January the price had a slight fall till $688. During the following two months (February, March) the price has had an average rise from $713.5 to $799. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 116 % 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 $969 they are 15 % more affordable than the average price for East Lansing . The properties with the highest average price have 4 bedrooms, Their price is 30 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,132.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.02 / sq.feet, with an average $1.21 / sq.feet price in East Lansing. The properties with the most expensive average prices have 1 bedroom. They are 11 % more expensive than the average followed by properties with 4 bedrooms with a price at $1.26 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $969 it is 2 % more affordable than the average price in East Lansing. "" is seen as the second most affordable property type. The most expensive property type is "" followed by "House". At a price of $953 it is 73 % more expensive than the average price.
According to the average area price by sq.feet the most expensive property type is "House with an average cost of $1.23 / sq.feet. "House" at an average price of $1.23 / sq.feet has the highest price and would be directed at more affluent cities.