The rent prices in real estate in Walled Lake, 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 Walled Lake has had a strong fall during the last 6 months. In January, the average price per sq.feet was $1.22. In February this price barely changed remaining at $1.2 per sq.feet. The price for the following two months in (March, April) had a considerable fall of 0 with regard to the previous two months. The price per sq.feet has had a considerable rise of 179 % 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 $0.61 to $1.08 during May, and June.
When referring to the price in Walled Lake (cities), this has fallen considerably in the last 6 months. In our first sample month during January, the average price is $1,520. In February This price remains at $1,531. During the following two months (March, April) the average price had a considerable fall of 51 % 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 1 bedroom are the most affordable ones. At a price of $1,542 they are 0 % more affordable than the average price for Walled Lake . The properties with the highest average price have 3 bedrooms, Their price is 14 % more expensive than the average. After that we have properties with 4 bedrooms priced at $1,540.
According to average price per property type in Walled Lake, "" priced at $1,540 is 0 % more expensive than the average price ($1,542) in this city.