The rent prices in real estate in South Milwaukee, in the Wisconsin 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 South Milwaukee has risen strongly during the last 6 months. In March, the average price per sq.feet was $1.1. In the following month the price per sq.feet fell considerably to . The price for the following two months in (May, June) had a considerable rise of 10265 %. The price per sq.feet has had a considerable rise of 182 % 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 $28.5 to $52 during July, and August.
When referring to the price in South Milwaukee (cities), this has fallen considerably in the last 6 months. The average price for March is $930. During April the price had a considerable fall till . During the following two months (May, June) the average price had a considerable rise of 187 % 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 146 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $1,001 they are 23 % more affordable than the average price for South Milwaukee . The properties with the highest average price have 3 bedrooms, Their price is 19 % more expensive than the average. After that we have properties with 2 bedrooms priced at $928.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most expensive ones at a cost of $114 / sq.feet, with an average $1 / sq.feet price in South Milwaukee. The properties with the most expensive average prices have 1 bedroom. They are 24000 % more expensive than the average followed by properties with 4 bedrooms with a price at $239 / sq.feet.
The graph displaying the average rent prices displays the property type "Duplex" as the most affordable one. At an cost of $1,001 it is 23 % more affordable than the average price in South Milwaukee. "House" is seen as the second most affordable property type. The most affordable property is "" followed by "House". At a price of $769 it is 14 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Duplex" at an average price of $233 / sq.feet followed by "House" priced at $236 / sq.feet. "House" is the most expensive type of property with a $236 / sq.feet value followed by "Duplex" with an average price of $233 / sq.feet.