The rent prices in real estate in Manistee, 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 Manistee has risen strongly during the last 6 months. In October, the average price per sq.feet was . In the following month the price per sq.feet rose considerably to $0.61. The price for the following two months in (December, January) had a considerable rise of 274 %. The price per sq.feet has had a considerable rise of 184 % 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 $0.57 to $1.05 during February, and March.
When referring to the price in Manistee (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is $516. During November the price went through a considerable rise reaching $611. During the following two months (December, January) the average price had a considerable rise of 147 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 125 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 3 bedrooms are the most affordable ones. At a price of $838 they are 16 % more affordable than the average price for Manistee . The properties with the highest average price have 1 bedroom, Their price is 3 % more expensive than the average. After that we have properties with 2 bedrooms priced at $816.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $0.95 / sq.feet, with an average $1.03 / sq.feet price in Manistee. The properties with the most expensive average prices have 1 bedroom. They are 8 % more expensive than the average followed by properties with 2 bedrooms with a price at $0.95 / sq.feet.
According to average price per property type in Manistee, "" priced at $813 is 3 % lower than the average price ($838) in this city.