Property prices for rent in Monroe (Michigan)

The rent prices in real estate in Monroe, 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.

$928
Average price last 6 months
$2.43
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Monroe has risen strongly during the last 6 months. In November, the average price per sq.feet was $0.8. In December this price barely changed remaining at $0.78 per sq.feet. The price for the following two months in (January, February) had a considerable rise of 515 %. 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 $2.43 to $2.44 during March y April

Average price

When referring to the price in Monroe (cities), this has risen in the last 6 months. The rent price in November is $886, rising in December till $933. In the following two months the average price has hardly changed with regard to the previous two months from $909.5 to $921.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $915.5 and $953 between March and April.

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 $1,002 they are 35 % more affordable than the average price for Monroe . The properties with the highest average price have 4 bedrooms, Their price is 20 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,012.

With regard to the average price per sq.feet, those properties with 1 bedroom are the most expensive ones at a cost of $8 / sq.feet, with an average $0.83 / sq.feet price in Monroe. The properties with the most expensive average prices have 2 bedrooms. They are 1466 % more expensive than the average followed by properties with 1 bedroom with a price at $8 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $1,002 it is 14 % more affordable than the average price in Monroe. "" is seen as the second most affordable property type. The most affordable property is "" followed by "Apartment". At a price of $859 it is 4 % more affordable than the average price.

According to the average area price by sq.feet the most expensive property type is "Apartment with an average cost of $6 / sq.feet. "Apartment" at an average price of $6 / sq.feet has the highest price and would be directed at more affluent cities.

Charts data
Average price April
Average price per sq.feet April
Number of properties used in Monroe
Number of properties used in region Michigan
$1,002
$0.83
352
46,636
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value