The rent prices in real estate in Richland, 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 Richland has had a strong fall during the last 6 months. In April, the average price per sq.feet was $1. In the following month the price per sq.feet fell considerably to . The price for the following two months in (June, July) fell 88 % with regard to the previous two months. The price per sq.feet has risen 106 % 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 $0.47 to $0.5 during August, and September.
When referring to the price in Richland (cities), this has risen in the last 6 months. The rent price in April is $1,573, rising in May till $1,727. In the following two months the average price has hardly changed with regard to the previous two months from $1,650 to $1,623. Based on an analysis of the first four prices and the last two months the average price has increased 110 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most expensive ones. At a price of $1,642 they are 3 % more expensive than the average price for Richland. Following this ranking we find those properties with 2 at an average price of $1,841. The properties with the highest average price have 2 bedrooms, Their price is 12 % more expensive than the average. After that we have properties with 1 bedroom priced at $1,697.
According to average price per property type in Richland, "" priced at $1,841 is 12 % more expensive than the average price ($1,642) in this city.