The rent prices in real estate in Whitmore Lake, 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 Whitmore Lake has had a strong fall during the last 6 months. In March, the average price per sq.feet was $2.04. In the following month the price per sq.feet fell to $1.87. The price for the following two months in (May, June) fell 94 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 78 % 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 $1.89 to $1.48 during July, and August.
When referring to the price in Whitmore Lake (cities), this has fallen considerably in the last 6 months. The average price for March is $3,159. During April the price had a considerable fall till $2,345. During the following two months (May, June) the average price had a considerable fall of 73 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 116 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 71 % more affordable than the average price of $938 in Whitmore Lake. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 71 % more affordable than the average aforementioned.
According to average price per property type in Whitmore Lake, "" priced at $938 is 71 % lower than the average price ($3,214) in this city.