The rent prices in real estate in Roscommon, 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 Roscommon has had a strong fall during the last 6 months. In December, the average price per sq.feet was $0.8. In the following month the price per sq.feet fell to $0.69. The price for the following two months in (February, March) had a considerable fall of 42 with regard to the previous two months. The price per sq.feet has had a considerable rise of 119 % 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 $0.53 to $0.63 during April, and May.
When referring to the price in Roscommon (cities), this has fallen considerably in the last 6 months. The average price for December is $742. During January the price had a considerable fall till $584. During the following two months (February, March) the average price had a considerable fall of 72 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $571.5 to $483.5, which means a 85 % fall.
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 $486 they are 10 % more affordable than the average price for Roscommon . The properties with the highest average price have 4 bedrooms, Their price is 50 % more expensive than the average. After that we have properties with 3 bedrooms priced at $665.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $0.61 / sq.feet, with an average $0.63 / sq.feet price in Roscommon. The properties with the most expensive average prices have 1 bedroom. They are 3 % more expensive than the average followed by properties with 2 bedrooms with a price at $0.61 / sq.feet.
According to average price per property type in Roscommon, "" priced at $727 is 50 % more expensive than the average price ($486) in this city.