The rent prices in real estate in Rochester Hills, 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 Rochester Hills 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 $1.22. The price for the following two months in (December, January) had a considerable rise of 201 %. The price per sq.feet has had a considerable rise of 129 % 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 $0.92 to $1.18 during February, and March.
When referring to the price in Rochester Hills (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is . During November the price went through a considerable rise reaching $1,496. During the following two months (December, January) the average price had a considerable rise of 201 % 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 150 % 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 $1,836 they are 33 % more affordable than the average price for Rochester Hills . The properties with the lowest average price have 1 bedroom, Their price is 14 % more affordable than the average. After that we have properties with 3 bedrooms priced at $1,491.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.12 / sq.feet, with an average $1.17 / sq.feet price in Rochester Hills. The properties with the most expensive average prices have 1 bedroom. They are 79 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.12 / sq.feet.
According to average price per property type in Rochester Hills, "" priced at $1,491 is 19 % lower than the average price ($1,836) in this city.