Property prices for rent in Lapeer (Michigan)
The rent prices in real estate in Lapeer, in the Michigan region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.feet in Lapeer has barely changed in the last 6 months. In October, the average price per sq.feet was $1.49. In November this price barely changed remaining at $1.42 per sq.feet. The price for the following two months in (December, January) fell 91 % with regard to the previous two months. The price per sq.feet has risen 109 % 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 $1.39 to $1.51 during February, and March.
When referring to the price in Lapeer (cities), this has fallen in the last 6 months. In our first sample month during October, the average price is $1,401. In November This price remains at $1,359. During the following two months (December, January) the average price fell 88 % with regard to the previous two months. 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 $1,298 and $1,331 between February and March.
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 $1,299 they are 15 % more affordable than the average price for Lapeer . The properties with the highest average price have 4 bedrooms, Their price is 82 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,075.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $1.51 / sq.feet price in Lapeer. The properties with the most expensive average prices have 1 bedroom. They are 7 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.45 / sq.feet.
According to average price per property type in Lapeer, "" priced at $1,250 is 4 % lower than the average price ($1,299) in this city.
