The rent prices in real estate in Mount Morris, 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 Mount Morris has risen strongly during the last 6 months. In August, the average price per sq.feet was . In the following month the price per sq.feet rose considerably to $0.74. The price for the following two months in (October, November) had a considerable rise of 234 %. The price per sq.feet has had a considerable fall of 0 % 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 $0.62 to during December, and January.
When referring to the price in Mount Morris (cities), this has risen considerably in the last 6 months. The average price during our first sample month during August, is . During September the price went through a considerable rise reaching $562. During the following two months (October, November) the average price had a considerable rise of 357 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 87 %, going from $642 to $561 in December and January.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most expensive ones. At a price of $561 they are 2 % more expensive than the average price for Mount Morris. Following this ranking we find those properties with 2 at an average price of $602. The properties with the highest average price have 3 bedrooms, Their price is 9 % more expensive than the average. After that we have properties with 2 bedrooms priced at $602.
According to average price per property type in Mount Morris, "" priced at $614 is 9 % more expensive than the average price ($561) in this city.