Property prices for rent in Vicksburg (Michigan)
The rent prices in real estate in Vicksburg, 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 Vicksburg has had a strong fall during the last 6 months. In November, the average price per sq.feet was $1.33. In the following month the price per sq.feet rose to $1.41. The price for the following two months in (January, February) had a considerable fall of 83 with regard to the previous two months. The price per sq.feet has had a considerable fall of 40 % 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 $1.25 to $0.5 during March, and April.
When referring to the price in Vicksburg (cities), there have hardly been any changes in the last 6 months. The average price for November is $1,828. During December the price had a slight fall till $1,736. During the following two months (January, February) the average price had a considerable rise of 118 % 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 89 %, going from $1,941 to $1,724 in March and April.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $1,495 they are 37 % more affordable than the average price for Vicksburg . The properties with the lowest average price have 1 bedroom, Their price is 3 % more affordable than the average. After that we have properties with 2 bedrooms priced at $939.
According to average price per property type in Vicksburg, "" priced at $939 is 37 % lower than the average price ($1,495) in this city.
