The rent prices in real estate in Mount Morris, in the Michigan region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.feet in Mount Morris has barely changed in the last 6 months. In October, the average price per sq.feet was $1.25. In November this price barely changed remaining at $1.3 per sq.feet. The price for the following two months in (December, January) fell 95 % with regard to the previous two months. The price per sq.feet has fallen 89 % 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 $1.24 to $1.11 during February, and March.
When referring to the price in Mount Morris (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $787. In November This price remains at $795. In the following two months the average price has hardly changed with regard to the previous two months from $791 to $776.5. 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 $783.75 and $787 between February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $812 they are 29 % more affordable than the average price for Mount Morris . The properties with the highest average price have 3 bedrooms, Their price is 10 % more expensive than the average. After that we have properties with 2 bedrooms priced at $791.
With regard to the average prices per sq.feet those properties with 1 bedroom are 6 % more affordable than the average price of ($1 / sq.feet) in Mount Morris. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 6 % more affordable than the average value aforementioned.
According to average price per property type in Mount Morris, "" priced at $576 is 29 % lower than the average price ($812) in this city.