Property prices for rent in Foster City (Michigan)
The rent prices in real estate in Foster City, 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 Foster City has fallen during the last 6 months. In August, the average price per sq.feet was $3.68. In the following month the price per sq.feet fell considerably to $3.05. In the following two months the price per sq.feet has practically remained the same, going from $3.37 to $3.34 per sq.feet. The price per sq.feet has risen 107 % 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 $3.35 to $3.58 during December, and January.
When referring to the price in Foster City (cities), there have hardly been any changes in the last 6 months. The average price during our first sample month during August, is $3,721. During September the price went through a considerable rise reaching $4,457. During the following two months (October, November) the average price fell 91 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 88 %, going from $3,904 to $3,435.5 in December and January.
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 $3,466 they are 8 % more affordable than the average price for Foster City . The properties with the highest average price have 4 bedrooms, Their price is 64 % more expensive than the average. After that we have properties with 3 bedrooms priced at $5,047.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $2.84 / sq.feet, with an average $3.76 / sq.feet price in Foster City. The properties with the most expensive average prices have 1 bedroom. They are 14 % more expensive than the average followed by properties with 2 bedrooms with a price at $3.55 / sq.feet.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $3,466 it is 9 % more affordable than the average price in Foster City. "Apartment" is seen as the second most affordable property type. The most expensive property type is "House" followed by "". At a price of $4,063 it is 49 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $2.83 / sq.feet followed by "Condo" priced at $3 / sq.feet. "Apartment" is the most expensive type of property with a $3.92 / sq.feet value followed by "Condo" with an average price of $3 / sq.feet.
