The rent prices in real estate in Newaygo, 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 Newaygo has risen strongly during the last 6 months. In September, the average price per sq.feet was . In the following month the price per sq.feet rose considerably to $0.91. The price for the following two months in (November, December) had a considerable rise of 200 %. The price per sq.feet has had a considerable rise of 371 % 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 $0.68 to $2.54 during January, and February.
When referring to the price in Newaygo (cities), there have hardly been any changes in the last 6 months. In our first sample month during September, the average price is $852. In October This price remains at $814. In the following two months the average price has hardly changed with regard to the previous two months from $833 to $814. 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 $823.5 and $839 between January and February.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most expensive ones. At a price of $820 they are 2 % more expensive than the average price for Newaygo. Following this ranking we find those properties with 1 at an average price of $839. The properties with the highest average price have 1 bedroom, Their price is 2 % more expensive than the average. After that we have properties with 4 bedrooms priced at $834.
According to average price per property type in Newaygo, "" priced at $834 is 2 % more expensive than the average price ($820) in this city.