Property prices for rent in Trenton (Michigan)
The rent prices in real estate in Trenton, 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 Trenton has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1.15. In the following month the price per sq.feet fell to $1.09. In the following two months the price per sq.feet has practically remained the same, going from $1.12 to $1.15 per sq.feet. The price per sq.feet has had a considerable fall of 44 % 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 $1.14 to $0.5 during February, and March.
When referring to the price in Trenton (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is $789. During November the price went through a considerable rise reaching $959. During the following two months (December, January) the price has had an average rise from $874 to $923. Based on an analysis of the first four prices and the last two months the average price has increased 112 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most expensive ones. At a price of $791 they are 3 % more expensive than the average price for Trenton. Following this ranking we find those properties with 4 at an average price of $910. The properties with the highest average price have 2 bedrooms, Their price is 88 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,110.
According to average price per property type in Trenton, "" priced at $910 is 15 % more expensive than the average price ($791) in this city.
