The rent prices in real estate in Mount Pleasant, in the Michigan region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Mount Pleasant has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1.98. In the following month the price per sq.feet rose to $2.09. The price for the following two months in (December, January) had a considerable fall of 51 with regard to the previous two months. The price per sq.feet has had a considerable fall of 65 % 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 $1.54 to $1 during February, and March.
When referring to the price in Mount Pleasant (cities), this has fallen considerably in the last 6 months. The rent price in October is $3,169, rising in November till $3,425. During the following two months (December, January) the average price had a considerable fall of 35 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $2,232 to $1,006, which means a 45 % fall.
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 $1,001 they are 24 % more affordable than the average price for Mount Pleasant . The properties with the highest average price have 3 bedrooms, Their price is 17 % more expensive than the average. After that we have properties with 1 bedroom priced at $1,002.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.53 / sq.feet, with an average $1.02 / sq.feet price in Mount Pleasant. The properties with the most expensive average prices have 1 bedroom. They are 28 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.07 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,001 it is 22 % more affordable than the average price in Mount Pleasant. "House" is seen as the second most affordable property type. The most expensive property type is "Land" followed by "House". At a price of $857 it is 16 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Land" at an average price of $1 / sq.feet followed by "House" priced at $1.01 / sq.feet. "House" is the most affordable type of property with a $1.01 / sq.feet value followed by "Land" with an average price of $1 / sq.feet.