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.