Property prices for rent in Richmond (Michigan)
The rent prices in real estate in Richmond, 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 Richmond has risen strongly during the last 6 months. In October, the average price per sq.feet was . In the following month the price per sq.feet rose considerably to . The price for the following two months in (December, January) had a considerable rise of 2147483647 %. The price per sq.feet has had a considerable rise of 127 % 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 $0.4 to $0.5 during February, and March.
When referring to the price in Richmond (cities), this has risen considerably in the last 6 months. The rent price in October is $737, rising in November till $820. During the following two months (December, January) the average price had a considerable rise of 217 % with regard to the previous two months. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,235.25 and $1,187.5 between February and March.
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 $645 they are 1 % more affordable than the average price for Richmond . The properties with the highest average price have 3 bedrooms, Their price is 97 % more expensive than the average. After that we have properties with 4 bedrooms priced at $1,151.
According to average price per property type in Richmond, "" priced at $1,302 is 102 % more expensive than the average price ($645) in this city.
