Property prices for rent in Walled Lake (Michigan)

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.

$1,846.83
Average price last 6 months
$2.11
Price/sq.feet last 6 months
Average price per sq.feet

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.

Average price

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.

Average price per bedrooms

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.

Price per property type

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.

Charts data
Average price September
Average price per sq.feet September
Number of properties used in Walled Lake
Number of properties used in region Michigan
$1,954
$1.59
440
180,770
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value