The rent prices in real estate in Olivet, 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 Olivet has risen strongly during the last 6 months. In August, the average price per sq.feet was . In the following month the price per sq.feet rose considerably to . The price for the following two months in (October, November) had a considerable rise of 2147483647 %. The price per sq.feet has had a considerable rise of 400 % 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 $0.25 to $1 during December, and January.
When referring to the price in Olivet (cities), there have hardly been any changes in the last 6 months. In our first sample month during August, the average price is $880. In September This price remains at $880. In the following two months the average price has hardly changed with regard to the previous two months from $880 to $886.5. 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 $883.25 and $839.5 between December and January.
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 $805 they are 15 % more affordable than the average price for Olivet . The properties with the highest average price have 2 bedrooms, Their price is 7 % more expensive than the average. After that we have properties with 3 bedrooms priced at $803.
According to average price per property type in Olivet, "" priced at $803 is 0 % more expensive than the average price ($805) in this city.