The rent prices in real estate in Walled Lake, in the Michigan region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Walled Lake has fallen during the last 6 months. In September, the average price per sq.feet was $1.59. In the following month the price per sq.feet fell to $1.51. The price for the following two months in (November, December) fell 94 % with regard to the previous two months. The price per sq.feet has fallen 87 % 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 $1.5 to $1.3 during January, and February.
When referring to the price in Walled Lake (cities), this has fallen in the last 6 months. The average price for September is $1,954. During October the price had a slight fall till $1,810. In the following two months the average price has hardly changed with regard to the previous two months from $1,882 to $1,845. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 88 %, going from $1,863.5 to $1,634 in January and February.
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 $1,656 they are 28 % more affordable than the average price for Walled Lake . The properties with the highest average price have 4 bedrooms, Their price is 55 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,104.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $0.73 / sq.feet, with an average $1.36 / sq.feet price in Walled Lake. The properties with the most expensive average prices have 4 bedrooms. They are 121 % more expensive than the average followed by properties with 3 bedrooms with a price at $1.88 / sq.feet.
According to average price per property type in Walled Lake, "" priced at $1,822 is 10 % more expensive than the average price ($1,656) in this city.