The rent prices in real estate in Lansing, 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 Lansing has risen during the last 6 months. In November, the average price per sq.feet was $1.09. In the following month the price per sq.feet rose considerably to $1.26. The price for the following two months in (January, February) fell 94 % with regard to the previous two months. 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 $1.14 to $1.16 during March y April
When referring to the price in Lansing (cities), there have hardly been any changes in the last 6 months. The average price for November is $886. During December the price had a slight fall till $790. In the following two months the average price has hardly changed with regard to the previous two months from $838 to $857. 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 $847.5 and $882.5 between March and April.
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 $896 they are 11 % more affordable than the average price for Lansing . The properties with the highest average price have 4 bedrooms, Their price is 54 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,245.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.02 / sq.feet, with an average $1.21 / sq.feet price in Lansing. The properties with the most affordable average prices have 1 bedroom. They are 0 % more affordable than the average followed by properties with 3 bedrooms with a price at $1.07 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $896 it is 4 % more affordable than the average price in Lansing. "" is seen as the second most affordable property type. The most expensive property type is "" followed by "House". At a price of $858 it is 24 % more expensive than the average price.
According to the average area price by sq.feet the most expensive property type is "House with an average cost of $1.24 / sq.feet. "House" at an average price of $1.24 / sq.feet has the highest price and would be directed at more affluent cities.