Property prices for rent in Melvindale (Michigan)

The price per sq.feet in Melvindale has risen during the last 6 months. In October, the average price per sq.feet was $1.31. In the following month the price per sq.feet rose to $1.38. In the following two months the price per sq.feet has risen 107 %, going from $1.35 to $1.43 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 $1.39 to $1.33 during February y March

When referring to the price in Melvindale (cities), there have hardly been any changes in the last 6 months. The average price for October is $1,037. During November the price had a slight fall till $976. In the following two months the average price has hardly changed with regard to the previous two months from $1,006.5 to $1,029. Based on an analysis of the first four prices and the last two months the average price has increased 105 % during the last two months.

The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $1,051 they are 28 % more affordable than the average price for Melvindale . The properties with the highest average price have 3 bedrooms, Their price is 22 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,139.

With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.27 / sq.feet, with an average $1.31 / sq.feet price in Melvindale. The properties with the most expensive average prices have 1 bedroom. They are 5 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.27 / sq.feet.

According to average price per property type in Melvindale, "" priced at $760 is 28 % lower than the average price ($1,051) in this city.