Property prices for rent in Grand Ledge (Michigan)
The rent prices in real estate in Grand Ledge, 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 Grand Ledge has risen strongly during the last 6 months. In November, the average price per sq.feet was $0.93. In December this price barely changed remaining at $0.97 per sq.feet. In the following two months the price per sq.feet has risen 114 %, going from $0.95 to $1.08 per sq.feet. The price per sq.feet has had a considerable rise of 115 % 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 $1.01 to $1.17 during March, and April.
When referring to the price in Grand Ledge (cities), this has risen considerably in the last 6 months. The rent price in November is $840, rising in December till $896. During the following two months (January, February) the average price had a considerable rise of 122 % 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 had a strong increase of 151 % 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 $1,292 they are 44 % more affordable than the average price for Grand Ledge . The properties with the lowest average price have 3 bedrooms, Their price is 32 % more affordable than the average. After that we have properties with 2 bedrooms priced at $802.
According to average price per property type in Grand Ledge, "" priced at $885 is 32 % lower than the average price ($1,292) in this city.
