Property prices for rent in Monroe (Michigan)

The rent prices in real estate in Monroe, in the Michigan region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.

Average price last 6 months
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Monroe has fallen during the last 6 months. In September, the average price per sq.feet was $1.02. In October this price barely changed remaining at $0.97 per sq.feet. The price for the following two months in (November, December) fell 89 % with regard to the previous two months. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $0.94 to $0.95 during January y February

Average price

When referring to the price in Monroe (cities), there have hardly been any changes in the last 6 months. The average price for September is $1,191. During October the price had a considerable fall till $944. During the following two months (November, December) the price has had an average rise from $1,067.5 to $1,187.5. Based on an analysis of the first four prices and the last two months the average price has increased 110 % during the last two months.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $1,395 they are 45 % more affordable than the average price for Monroe . The properties with the lowest average price have 4 bedrooms, Their price is 14 % more affordable than the average. After that we have properties with 3 bedrooms priced at $1,009.

With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $0.93 / sq.feet, with an average $0.93 / sq.feet price in Monroe. The properties with the most expensive average prices have 1 bedroom. They are 27 % more expensive than the average followed by properties with 2 bedrooms with a price at $0.93 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $1,395 it is 39 % more affordable than the average price in Monroe. "" is seen as the second most affordable property type. The most affordable property is "" followed by "House". At a price of $854 it is 32 % more affordable than the average price.

According to the average area price by sq.feet the most expensive property type is "House with an average cost of $1 / sq.feet. "House" at an average price of $1 / sq.feet has the highest price and would be directed at more affluent cities.

Charts data
Average price February
Average price per sq.feet February
Number of properties used in Monroe
Number of properties used in region Michigan
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value