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 January, the average price per sq.feet was $1.07. In the following month the price per sq.feet fell to $1. The price for the following two months in (March, April) had a considerable fall of 52 with regard to the previous two months. The price per sq.feet has had a considerable rise of 127 % 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 $0.78 to $1 during May, and June.
When referring to the price in Vicksburg (cities), there have hardly been any changes in the last 6 months. In our first sample month during January, the average price is $1,217. In February This price remains at $1,273. During the following two months (March, April) the average price fell 87 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 117 % during the last two months.
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 $1,215 they are 22 % more affordable than the average price for Vicksburg . The properties with the highest average price have 1 bedroom, Their price is 21 % more expensive than the average. After that we have properties with 2 bedrooms priced at $951.
According to average price per property type in Vicksburg, "" priced at $951 is 22 % lower than the average price ($1,215) in this city.
