The rent prices in real estate in Three Rivers, 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 Three Rivers has had a strong fall during the last 6 months. In June, the average price per sq.feet was $1.14. In the following month the price per sq.feet fell considerably to . The price for the following two months in (August, September) had a considerable rise of 180 %. The price per sq.feet has had a considerable rise of 132 % 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 $0.8 to $1.05 during October, and November.
When referring to the price in Three Rivers (cities), this has risen considerably in the last 6 months. The average price during our first sample month during June, is $1,183. During July the price went through a considerable rise reaching $1,607. During the following two months (August, September) the average price had a considerable rise of 116 % 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 92 %, going from $1,506.25 to $1,391 in 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 $1,327 they are 61 % more affordable than the average price for Three Rivers . The properties with the highest average price have 4 bedrooms, Their price is 61 % more expensive than the average. After that we have properties with 3 bedrooms priced at $992.
According to average price per property type in Three Rivers, "" priced at $1,591 is 20 % more expensive than the average price ($1,327) in this city.