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.