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.

$1,198.67
Average price last 6 months
$1.39
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Southgate has barely changed in the last 6 months. In September, the average price per sq.feet was $1.36. In October this price barely changed remaining at $1.36 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.36 to $1.38 per sq.feet. The price per sq.feet has risen 106 % 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 $1.37 to $1.45 during January, and February.

Average price

When referring to the price in Southgate (cities), this has fallen in the last 6 months. In our first sample month during September, the average price is $1,279. In October This price remains at $1,276. During the following two months (November, December) the average price fell 94 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 91 %, going from $1,237 to $1,122 in January and February.

Average price per bedrooms

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 $1,123 they are 15 % more affordable than the average price for Southgate . The properties with the highest average price have 4 bedrooms, Their price is 497 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,892.

With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.31 / sq.feet, with an average $1.42 / sq.feet price in Southgate. The properties with the most expensive average prices have 1 bedroom. They are 10 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.31 / sq.feet.

Price per property type

According to average price per property type in Southgate, "" priced at $1,246 is 11 % more expensive than the average price ($1,123) in this city.

Charts data
Average price February
Average price per sq.feet February
Number of properties used in Southgate
Number of properties used in region Michigan
$1,123
$1.42
512
171,170
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value