The rent prices in real estate in Sparta, 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 Sparta has had a strong fall during the last 6 months. In June, the average price per sq.feet was $1.36. In July this price barely changed remaining at $1.33 per sq.feet. The price for the following two months in (August, September) had a considerable fall of 74 with regard to the previous two months. The price per sq.feet has had a considerable fall of 43 % 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 $1.17 to $0.5 during October, and November.
When referring to the price in Sparta (cities), this has risen in the last 6 months. The rent price in June is $1,108, rising in July till $1,233. In the following two months the average price has hardly changed with regard to the previous two months from $1,170.5 to $1,175.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,173 and $1,223.5 between October and November.
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 $1,232 they are 34 % more affordable than the average price for Sparta . The properties with the highest average price have 2 bedrooms, Their price is 25 % more expensive than the average. After that we have properties with 3 bedrooms priced at $901.
According to average price per property type in Sparta, "" priced at $891 is 28 % lower than the average price ($1,232) in this city.