Property prices for rent in Sparta (Michigan)
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.
