The rent prices in real estate in Warren, 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 Warren has risen strongly during the last 6 months. In April, the average price per sq.feet was $0.99. In the following month the price per sq.feet rose to $1.04. In the following two months the price per sq.feet has practically remained the same, going from $1.01 to $1.04 per sq.feet. The price per sq.feet has had a considerable rise of 138 % 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 $1.03 to $1.42 during August, and September.
When referring to the price in Warren (cities), this has risen considerably in the last 6 months. In our first sample month during April, the average price is $1,052. In May This price remains at $1,013. During the following two months (June, July) the price has had an average rise from $1,032.5 to $1,176.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 146 % 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 $1,005 they are 16 % more affordable than the average price for Warren . The properties with the highest average price have 3 bedrooms, Their price is 9 % more expensive than the average. After that we have properties with 2 bedrooms priced at $973.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.05 / sq.feet, with an average $1.06 / sq.feet price in Warren. The properties with the most expensive average prices have 1 bedroom. They are 2 % more expensive than the average followed by properties with 3 bedrooms with a price at $1.05 / sq.feet.
According to average price per property type in Warren, "" priced at $907 is 10 % lower than the average price ($1,005) in this city.