The rent prices in real estate in Wayland, 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 Wayland has had a strong fall during the last 6 months. In October, the average price per sq.feet was $0.96. In the following month the price per sq.feet fell to $0.84. The price for the following two months in (December, January) had a considerable fall of 48 with regard to the previous two months. The price per sq.feet has had a considerable fall of 75 % 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 $0.67 to $0.5 during February, and March.
When referring to the price in Wayland (cities), this has fallen considerably in the last 6 months. The average price for October is $1,387. During November the price had a considerable fall till $1,166. During the following two months (December, January) the average price had a considerable fall of 66 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 94 %, going from $1,058.75 to $994.5 in February and March.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 32 % more affordable than the average price of $842 in Wayland. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 32 % more affordable than the average aforementioned.
According to average price per property type in Wayland, "" priced at $842 is 32 % lower than the average price ($1,230) in this city.