Property prices for rent in Otsego (Michigan)

The price per sq.feet in Otsego has risen during the last 6 months. In October, the average price per sq.feet was $1.46. In November this price barely changed remaining at $1.48 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.47 to $1.51 per sq.feet. The price per sq.feet has risen 109 % 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 $1.49 to $1.62 during February, and March.

When referring to the price in Otsego (cities), this has fallen in the last 6 months. In our first sample month during October, the average price is $2,159. In November This price remains at $2,072. During the following two months (December, January) the average price fell 93 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 92 %, going from $2,038 to $1,879.5 in February and March.

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 $1,813 they are 25 % more affordable than the average price for Otsego . The properties with the highest average price have 4 bedrooms, Their price is 62 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,854.

With regard to the average prices per sq.feet those properties with 1 bedroom are 41 % more affordable than the average price of ($1 / sq.feet) in Otsego. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 41 % more affordable than the average value aforementioned.

According to average price per property type in Otsego, "" priced at $1,719 is 5 % lower than the average price ($1,813) in this city.