The rent prices in real estate in Niles, in the Michigan region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Niles has risen during the last 6 months. In October, the average price per sq.feet was $1.37. In the following month the price per sq.feet rose to $1.47. In the following two months the price per sq.feet has practically remained the same, going from $1.42 to $1.49 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $1.45 to $1.38 during February y March
When referring to the price in Niles (cities), this has risen considerably in the last 6 months. The rent price in October is $973, rising in November till $1,027. During the following two months (December, January) the average price had a considerable rise of 142 % with regard to the previous two months. 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 4 bedrooms are the most affordable ones. At a price of $968 they are 40 % more affordable than the average price for Niles . The properties with the highest average price have 3 bedrooms, Their price is 114 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,153.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.26 / sq.feet, with an average $1.3 / sq.feet price in Niles. The properties with the most expensive average prices have 1 bedroom. They are 2 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.26 / sq.feet.
According to average price per property type in Niles, "" priced at $584 is 40 % lower than the average price ($968) in this city.