The rent prices in real estate in Ludington, in the Michigan region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Ludington has risen strongly during the last 6 months. In October, the average price per sq.feet was $1. In the following month the price per sq.feet rose considerably to $1.18. In the following two months the price per sq.feet has risen 112 %, going from $1.09 to $1.22 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 $1.15 to $1.1 during February y March
When referring to the price in Ludington (cities), this has fallen considerably in the last 6 months. The average price for October is $4,924. During November the price had a considerable fall till $1,256. During the following two months (December, January) the average price had a considerable fall of 41 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $2,181.25 to $1,202, which means a 55 % fall.
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 $1,199 they are 27 % more affordable than the average price for Ludington . The properties with the lowest average price have 3 bedrooms, Their price is 1 % more affordable than the average. After that we have properties with 2 bedrooms priced at $1,005.
According to average price per property type in Ludington, "" priced at $905 is 25 % lower than the average price ($1,199) in this city.