The rent prices in real estate in Kalamazoo, 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.
The price per sq.feet in Kalamazoo has risen during the last 6 months. In December, the average price per sq.feet was $1.2. In the following month the price per sq.feet rose to $1.28. In the following two months the price per sq.feet has practically remained the same, going from $1.24 to $1.28 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $1.26 to $1.27 during April y May
When referring to the price in Kalamazoo (cities), this has fallen in the last 6 months. The average price for December is $1,474. During January the price had a slight fall till $1,306. During the following two months (February, March) the average price fell 95 % 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 86 %, going from $1,355 to $1,159.5 in April and May.
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 $1,130 they are 14 % more affordable than the average price for Kalamazoo . The properties with the highest average price have 4 bedrooms, Their price is 106 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,598.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.91 / sq.feet, with an average $1.31 / sq.feet price in Kalamazoo. The properties with the most expensive average prices have 1 bedroom. They are 16 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.29 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $1,130 it is 12 % more affordable than the average price in Kalamazoo. "" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "". At a price of $1,293 it is 48 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $1.12 / sq.feet followed by "House" priced at $1.4 / sq.feet. "House" is the most expensive type of property with a $1.4 / sq.feet value followed by "Condo" with an average price of $1.12 / sq.feet.