The rent prices in real estate in New Baltimore, 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 New Baltimore has risen strongly during the last 6 months. In May, the average price per sq.feet was . In the following month the price per sq.feet rose considerably to $29.6. The price for the following two months in (July, August) had a considerable rise of 175 %. 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 $20.38 to during September, and October.
When referring to the price in New Baltimore (cities), this has risen considerably in the last 6 months. The average price during our first sample month during May, is $949. During June the price went through a considerable rise reaching $1,142. During the following two months (July, August) the price has had an average rise from $1,045.5 to $1,118.5. Based on an analysis of the first four prices and the last two months the average price has increased 110 % during the last two months.
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 $1,237 they are 50 % more affordable than the average price for New Baltimore . The properties with the highest average price have 3 bedrooms, Their price is 37 % more expensive than the average. After that we have properties with 2 bedrooms priced at $886.
According to average price per property type in New Baltimore, "" priced at $861 is 30 % lower than the average price ($1,237) in this city.