The rent prices in real estate in Newaygo, 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 Newaygo has had a strong fall during the last 6 months. In June, the average price per sq.feet was $7. In the following month the price per sq.feet rose considerably to $9. The price for the following two months in (August, September) had a considerable fall of 0 with regard to the previous two months. The price per sq.feet has had a considerable fall of 75 % 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 $4 to $3 during October, and November.
When referring to the price in Newaygo (cities), this has risen considerably in the last 6 months. In our first sample month during June, the average price is $878. In July This price remains at $863. During the following two months (August, September) the average price had a considerable rise of 172 % 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 $1,183.5 to $866.5, which means a 73 % fall.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 3 % more affordable than the average price of $851 in Newaygo. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 3 % more affordable than the average aforementioned.
According to average price per property type in Newaygo, "" priced at $851 is 3 % lower than the average price ($877) in this city.