The rent prices in real estate in Linden, in the Michigan region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Linden has had a strong fall during the last 6 months. In January, the average price per sq.feet was $14. In the following month the price per sq.feet fell considerably to $0.86. The price for the following two months in (March, April) had a considerable fall of 0 with regard to the previous two months. The price per sq.feet has had a considerable fall of 36 % 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 $3.71 to $1.35 during May, and June.
When referring to the price in Linden (cities), this has risen considerably in the last 6 months. In our first sample month during January, the average price is $914. In February This price remains at $913. In the following two months the average price has hardly changed with regard to the previous two months from $913.5 to $923. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 353 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $3,242 they are 72 % more affordable than the average price for Linden . The properties with the lowest average price have 1 bedroom, Their price is 22 % more affordable than the average. After that we have properties with 2 bedrooms priced at $899.
According to average price per property type in Linden, "" priced at $899 is 72 % lower than the average price ($3,242) in this city.