Property prices for rent in Michigan Center (Michigan)
The rent prices in real estate in Michigan Center, 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 Michigan Center has risen strongly during the last 6 months. In May, the average price per sq.feet was $0.52. In June this price barely changed remaining at $0.52 per sq.feet. The price for the following two months in (July, August) had a considerable fall of 67 with regard to the previous two months. The price per sq.feet has had a considerable rise of 301 % 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 $0.44 to $1.31 during September, and October.
When referring to the price in Michigan Center (cities), this has risen considerably in the last 6 months. In our first sample month during May, the average price is $508. In June This price remains at $508. During the following two months (July, August) the average price had a considerable rise of 142 % 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 250 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $1,135 they are 55 % more affordable than the average price for Michigan Center . The properties with the lowest average price have 1 bedroom, Their price is 23 % more affordable than the average. After that we have properties with 2 bedrooms priced at $514.
According to average price per property type in Michigan Center, "" priced at $514 is 55 % lower than the average price ($1,135) in this city.
