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 November, the average price per sq.feet was $1.07. In the following month the price per sq.feet fell considerably to . The price for the following two months in (January, February) had a considerable rise of 187 %. 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 $0.77 to during March, and April.
When referring to the price in Newaygo (cities), this has risen considerably in the last 6 months. In our first sample month during November, the average price is $776. In December This price remains at $812. During the following two months (January, February) the price has had an average rise from $794 to $837. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 131 % during the last two months.
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 $1,179 they are 30 % more affordable than the average price for Newaygo . The properties with the lowest average price have 1 bedroom, Their price is 29 % more affordable than the average. After that we have properties with 4 bedrooms priced at $830.
According to average price per property type in Newaygo, "" priced at $830 is 30 % lower than the average price ($1,179) in this city.