The rent prices in real estate in Manitowoc, in the Wisconsin 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 Manitowoc has had a strong fall during the last 6 months. In May, the average price per sq.feet was $5.2. In the following month the price per sq.feet fell considerably to $1. In the following two months the price per sq.feet has practically remained the same, going from $3.1 to $3.11 per sq.feet. The price per sq.feet has had a considerable fall of 21 % 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 $3.11 to $0.65 during September, and October.
When referring to the price in Manitowoc (cities), this has fallen considerably in the last 6 months. The average price for May is $1,173. During June the price had a considerable fall till $590. During the following two months (July, August) the average price fell 90 % 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 $838.5 to $632.5, which means a 75 % fall.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 7 % more affordable than the average price of $540 in Manitowoc. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 7 % more affordable than the average aforementioned.
According to average price per property type in Manitowoc, "" priced at $578 is 0 % more expensive than the average price ($579) in this city.