The rent prices in real estate in South Lyon, in the Michigan region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in South Lyon has risen during the last 6 months. In October, the average price per sq.feet was $1.42. In the following month the price per sq.feet rose to $1.52. In the following two months the price per sq.feet has practically remained the same, going from $1.47 to $1.48 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $1.47 to $1.53 during February y March
When referring to the price in South Lyon (cities), this has risen in the last 6 months. In our first sample month during October, the average price is $1,805. In November This price remains at $1,789. In the following two months the average price has hardly changed with regard to the previous two months from $1,797 to $1,755. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 132 % during the last two months.
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 $1,848 they are 35 % more affordable than the average price for South Lyon . The properties with the highest average price have 4 bedrooms, Their price is 64 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,954.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $1.48 / sq.feet, with an average $1.51 / sq.feet price in South Lyon. The properties with the most expensive average prices have 2 bedrooms. They are 5 % more expensive than the average followed by properties with 1 bedroom with a price at $1.48 / sq.feet.
According to average price per property type in South Lyon, "" priced at $1,333 is 28 % lower than the average price ($1,848) in this city.