Property prices for rent in Michigan Center (Michigan)
The rent prices in real estate in Michigan Center, 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 Michigan Center has had a strong fall during the last 6 months. In October, the average price per sq.feet was $0.98. In the following month the price per sq.feet fell to $0.92. The price for the following two months in (December, January) fell 86 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 63 % 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 $0.88 to $0.56 during February, and March.
When referring to the price in Michigan Center (cities), this has fallen considerably in the last 6 months. The average price for October is $1,135. During November the price had a slight fall till $1,005. During the following two months (December, January) the average price had a considerable fall of 81 % 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 $967.75 to $545.5, which means a 56 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most expensive ones. At a price of $508 they are 0 % more expensive than the average price for Michigan Center. Following this ranking we find those properties with 1 at an average price of $866. The properties with the highest average price have 1 bedroom, Their price is 70 % more expensive than the average. After that we have properties with 2 bedrooms priced at $509.
According to average price per property type in Michigan Center, "" priced at $509 is 0 % more expensive than the average price ($508) in this city.
