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.