The rent prices in real estate in Oakland, 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 Oakland has risen strongly during the last 6 months. In November, the average price per sq.feet was . In the following month the price per sq.feet rose considerably to $1.43. The price for the following two months in (January, February) had a considerable fall of 0 with regard to the previous two months. 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 $0.36 to during March, and April.
When referring to the price in Oakland (cities), this has fallen considerably in the last 6 months. The average price for November is $3,625. During December the price had a considerable fall till $2,273. In the following two months the average price has hardly changed with regard to the previous two months from $2,949 to $2,858. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 119 % 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 $3,621 they are 58 % more affordable than the average price for Oakland . The properties with the lowest average price have 4 bedrooms, Their price is 6 % more affordable than the average. After that we have properties with 3 bedrooms priced at $2,881.
With regard to the average price based upon the property in Oakland we can see that the least affordable property type is "Apartment" at a price of $3,772, they are 4 % more expensive than the average price of (!PRECIO2!). "Apartment" has the most expensive price. This price is 4 % more expensive than the average price aforementioned.
According to the average area price by sq.feet the most expensive property type is "Apartment with an average cost of $7 / sq.feet. "Apartment" at an average price of $7 / sq.feet has the highest price and would be directed at more affluent cities.