Property prices for rent in Escanaba (Michigan)
The rent prices in real estate in Escanaba, 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 Escanaba has had a strong fall during the last 6 months. In November, the average price per sq.feet was $16.13. In the following month the price per sq.feet fell considerably to $11.77. The price for the following two months in (January, February) had a considerable fall of 11 with regard to the previous two months. The price per sq.feet has had a considerable fall of 30 % 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 $7.77 to $2.31 during March, and April.
When referring to the price in Escanaba (cities), this has fallen considerably in the last 6 months. The average price for November is $19,264. During December the price had a considerable fall till $11,085. During the following two months (January, February) the average price had a considerable fall of 7 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $8,149.5 to $1,427.5, which means a 18 % fall.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 51 % more affordable than the average price of $747 in Escanaba. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 51 % more affordable than the average aforementioned.
