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 February, the average price per sq.feet was $0.52. In the following month the price per sq.feet fell considerably to . The price for the following two months in (April, May) had a considerable fall of 0 with regard to the previous two months. The price per sq.feet has had a considerable rise of 665 % 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 $0.13 to $0.87 during June, and July.
When referring to the price in Michigan Center (cities), this has risen considerably in the last 6 months. In our first sample month during February, the average price is $508. In March This price remains at $506. In the following two months the average price has hardly changed with regard to the previous two months from $507 to $520. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 194 % 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 $1,450 they are 64 % more affordable than the average price for Michigan Center . The properties with the lowest average price have 1 bedroom, Their price is 39 % more affordable than the average. After that we have properties with 2 bedrooms priced at $529.
According to average price per property type in Michigan Center, "" priced at $529 is 64 % lower than the average price ($1,450) in this city.