Property prices for rent in Highland Park (Michigan)

The rent prices in real estate in Highland Park, in the Michigan region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.

Average price last 6 months
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Highland Park has risen during the last 6 months. In March, the average price per sq.feet was $3.74. In the following month the price per sq.feet rose considerably to $4.44. The price for the following two months in (May, June) had a considerable rise of 115 %. The price per sq.feet has had a considerable fall of 73 % 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 $4.4 to $3.22 during July, and August.

Average price

When referring to the price in Highland Park (cities), there have hardly been any changes in the last 6 months. In our first sample month during March, the average price is $839. In April This price remains at $845. In the following two months the average price has hardly changed with regard to the previous two months from $842 to $809.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $825.75 and $855.5 between July and August.

Average price per bedrooms

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 $899 they are 23 % more affordable than the average price for Highland Park . The properties with the highest average price have 4 bedrooms, Their price is 18 % more expensive than the average. After that we have properties with 2 bedrooms priced at $778.

With regard to the average price per sq.feet, those properties with 4 bedrooms are the most expensive ones at a cost of $5 / sq.feet, with an average $0.85 / sq.feet price in Highland Park. The properties with the most expensive average prices have 1 bedroom. They are 724 % more expensive than the average followed by properties with 2 bedrooms with a price at $6 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $899 it is 31 % more affordable than the average price in Highland Park. "" is seen as the second most affordable property type. The most affordable property is "House" followed by "Condo". At a price of $824 it is 7 % more affordable than the average price.

According to the average cost per sq.feet, the least affordable property would be "House" at an average price of $5 / sq.feet followed by "Apartment" priced at $7 / sq.feet. "Condo" is the most expensive type of property with a $8 / sq.feet value followed by "Apartment" with an average price of $7 / sq.feet.

Charts data
Average price August
Average price per sq.feet August
Number of properties used in Highland Park
Number of properties used in region Michigan
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value