The rent prices in real estate in Pinckney, in the Michigan region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Pinckney has had a strong fall during the last 6 months. In November, the average price per sq.feet was $2.29. In the following month the price per sq.feet fell to $1.98. The price for the following two months in (January, February) had a considerable fall of 75 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 $1.87 to during March, and April.
When referring to the price in Pinckney (cities), this has fallen considerably in the last 6 months. The average price for November is $3,150. During December the price had a considerable fall till $2,460. In the following two months the average price has hardly changed with regard to the previous two months from $2,805 to $2,707.5. During the last two months the average price has fallen greatly compared to the previous four going from $2,756.25 to $1,686, which means a 61 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $1,754 they are 13 % more affordable than the average price for Pinckney . The properties with the highest average price have 1 bedroom, Their price is 5 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,530.
According to average price per property type in Pinckney, "" priced at $1,530 is 13 % lower than the average price ($1,754) in this city.