The rent prices in real estate in Owosso, in the Michigan region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Owosso has fallen during the last 6 months. In October, the average price per sq.feet was $1.12. In November this price barely changed remaining at $1.13 per sq.feet. The price for the following two months in (December, January) fell 88 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 84 % 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 $1.06 to $0.89 during February, and March.
When referring to the price in Owosso (cities), this has risen in the last 6 months. The rent price in October is $896, rising in November till $969. During the following two months (December, January) the price has had an average rise from $932.5 to $1,040. 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 $986.25 to $907 in February and March.
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 $763 they are 22 % more affordable than the average price for Owosso . The properties with the highest average price have 3 bedrooms, Their price is 74 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,075.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $0.62 / sq.feet, with an average $0.88 / sq.feet price in Owosso. The properties with the most expensive average prices have 1 bedroom. They are 11 % more expensive than the average followed by properties with 2 bedrooms with a price at $0.75 / sq.feet.
According to average price per property type in Owosso, "" priced at $594 is 22 % lower than the average price ($763) in this city.