The rent prices in real estate in Walled Lake, in the Michigan region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Walled Lake has risen strongly during the last 6 months. In April, the average price per sq.feet was $1.5. In the following month the price per sq.feet rose considerably to $4.41. The price for the following two months in (June, July) had a considerable fall of 58 with regard to the previous two months. The price per sq.feet has had a considerable fall of 70 % 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 $2.34 to $1.64 during August, and September.
When referring to the price in Walled Lake (cities), there have hardly been any changes in the last 6 months. In our first sample month during April, the average price is $1,806. In May This price remains at $1,879. In the following two months the average price has hardly changed with regard to the previous two months from $1,842.5 to $1,796.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,819.5 and $1,901.5 between August and September.
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 $1,954 they are 40 % more affordable than the average price for Walled Lake . The properties with the highest average price have 4 bedrooms, Their price is 32 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,372.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $1.59 / sq.feet price in Walled Lake. The properties with the most expensive average prices have 4 bedrooms. They are 403 % more expensive than the average followed by properties with 2 bedrooms with a price at $1 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,954 it is 6 % more affordable than the average price in Walled Lake. "Apartment" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Apartment". At a price of $1,832 it is 7 % more expensive than the average price.
According to the average area price by sq.feet the most expensive property type is "Apartment with an average cost of $3 / sq.feet. "Apartment" at an average price of $3 / sq.feet has the highest price and would be directed at more affluent cities.