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.
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
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.
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.
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.