The rent prices in real estate in Plainwell, 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 Plainwell has had a strong fall during the last 6 months. In October, the average price per sq.feet was $0.97. In November this price barely changed remaining at $1 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $0.99 to $1 per sq.feet. 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 $0.99 to during February, and March.
When referring to the price in Plainwell (cities), this has fallen considerably in the last 6 months. The average price for October is $2,008. During November the price had a considerable fall till $1,417. During the following two months (December, January) the average price had a considerable fall of 58 % 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 had a strong increase of 123 % during the last two months.
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 $2,005 they are 80 % more affordable than the average price for Plainwell . The properties with the lowest average price have 3 bedrooms, Their price is 62 % more affordable than the average. After that we have properties with 1 bedroom priced at $691.
According to average price per property type in Plainwell, "" priced at $517 is 74 % lower than the average price ($2,005) in this city.