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.
The price per sq.feet in Monroe has fallen during the last 6 months. In October, the average price per sq.feet was $0.97. In the following month the price per sq.feet fell to $0.91. In the following two months the price per sq.feet has practically remained the same, going from $0.94 to $0.92 per sq.feet. 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 $0.93 to $0.9 during February y March
When referring to the price in Monroe (cities), this has risen considerably in the last 6 months. The rent price in October is $944, rising in November till $1,067. During the following two months (December, January) the average price had a considerable rise of 120 % 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 120 % 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 $1,259 they are 40 % more affordable than the average price for Monroe . The properties with the lowest average price have 4 bedrooms, Their price is 5 % more affordable than the average. After that we have properties with 3 bedrooms priced at $1,007.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $0.88 / sq.feet, with an average $0.88 / sq.feet price in Monroe. The properties with the most expensive average prices have 1 bedroom. They are 34 % more expensive than the average followed by properties with 2 bedrooms with a price at $0.88 / sq.feet.
According to average price per property type in Monroe, "" priced at $853 is 32 % lower than the average price ($1,259) in this city.