The rent prices in real estate in Melvindale, 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 Melvindale has barely changed in the last 6 months. In July, the average price per sq.feet was $1.28. In August this price barely changed remaining at $1.33 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.3 to $1.28 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 $1.29 to $1.26 during November y December
When referring to the price in Melvindale (cities), this has risen in the last 6 months. In our first sample month during July, the average price is $910. In August This price remains at $927. In the following two months the average price has hardly changed with regard to the previous two months from $918.5 to $963. 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 $940.75 and $983 between November and December.
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 $962 they are 23 % more affordable than the average price for Melvindale . The properties with the lowest average price have 3 bedrooms, Their price is 6 % more affordable than the average. After that we have properties with 2 bedrooms priced at $862.
According to average price per property type in Melvindale, "" priced at $782 is 19 % lower than the average price ($962) in this city.