Property prices for rent in Menominee (Michigan)
The rent prices in real estate in Menominee, in the Michigan 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 Menominee has had a strong fall during the last 6 months. In November, the average price per sq.feet was $0.81. In the following month the price per sq.feet fell to $0.73. The price for the following two months in (January, February) had a considerable fall of 82 with regard to the previous two months. The price per sq.feet has had a considerable fall of 57 % 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 $0.7 to $0.4 during March, and April.
When referring to the price in Menominee (cities), this has fallen considerably in the last 6 months. The average price for November is $765. During December the price had a considerable fall till $617. During the following two months (January, February) the average price had a considerable fall of 78 % 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 $615 to $356, which means a 58 % fall.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 77 % more expensive than the average price of $629 in Menominee. Based on the bedrooms values, properties with the most expensive rent prices are those with 2 bedrooms. They are 87 % more expensive than the average aforementioned.
