The rent prices in real estate in River Rouge, in the Michigan region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in River Rouge has fallen during the last 6 months. In October, the average price per sq.feet was $1.03. In the following month the price per sq.feet fell to $0.97. The price for the following two months in (December, January) fell 94 % with regard to the previous two months. The price per sq.feet has fallen 92 % 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 $0.97 to $0.89 during February, and March.
When referring to the price in River Rouge (cities), there have hardly been any changes in the last 6 months. The average price for October is $1,020. During November the price had a considerable fall till $866. In the following two months the average price has hardly changed with regard to the previous two months from $943 to $952. Based on an analysis of the first four prices and the last two months the average price has increased 111 % during the last two months.
According to average price per property type in River Rouge, "" priced at $737 is 35 % lower than the average price ($1,138) in this city.