Property prices for rent in Southgate (Michigan)
The rent prices in real estate in Southgate, in the Michigan region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.feet in Southgate has barely changed in the last 6 months. In March, the average price per sq.feet was $1.6. In April this price barely changed remaining at $1.63 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.62 to $1.63 per sq.feet. The price per sq.feet has had a considerable fall of 84 % 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 $1.62 to $1.37 during July, and August.
When referring to the price in Southgate (cities), there have hardly been any changes in the last 6 months. In our first sample month during March, the average price is $1,451. In April This price remains at $1,523. In the following two months the average price has hardly changed with regard to the previous two months from $1,487 to $1,542.5. During the last two months the average price has fallen greatly compared to the previous four going from $1,514.75 to $1,275, which means a 84 % 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 $1,249 they are 9 % more affordable than the average price for Southgate . The properties with the highest average price have 3 bedrooms, Their price is 313 % more expensive than the average. After that we have properties with 4 bedrooms priced at $3,657.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $1.35 / sq.feet price in Southgate. The properties with the most expensive average prices have 3 bedrooms. They are 48 % more expensive than the average followed by properties with 1 bedroom with a price at $1.38 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,249 it is 34 % more affordable than the average price in Southgate. "House" is seen as the second most affordable property type. The most expensive property type is "House" followed by "". At a price of $823 it is 14 % more expensive than the average price.
According to the average area price by sq.feet the most affordable property type is "House with an average cost of $1 / sq.feet. "House" with an average price of $1 / sq.feet has the most affordable price and would be directed at less affluent cities.
