The rent prices in real estate in Paw Paw, 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 Paw Paw has risen strongly during the last 6 months. In March, the average price per sq.feet was . In the following month the price per sq.feet rose considerably to $1. The price for the following two months in (May, June) had a considerable rise of 200 %. 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 $0.75 to during July, and August.
When referring to the price in Paw Paw (cities), this has risen considerably in the last 6 months. The average price during our first sample month during March, is $885. During April the price went through a considerable rise reaching $1,661. During the following two months (May, June) the average price had a considerable rise of 130 % 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 106 % 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 $709 they are 44 % more affordable than the average price for Paw Paw . The properties with the highest average price have 2 bedrooms, Their price is 53 % more expensive than the average. After that we have properties with 1 bedroom priced at $397.
According to average price per property type in Paw Paw, "" priced at $1,088 is 53 % more expensive than the average price ($709) in this city.