Property prices for rent in Wixom (Michigan)

The rent prices in real estate in Wixom, 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.

$1,392
Average price last 6 months
$0.96
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Wixom has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1.28. In November this price barely changed remaining at $1.23 per sq.feet. The price for the following two months in (December, January) fell 88 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 42 % 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 $1.18 to $0.5 during February, and March.

Average price

When referring to the price in Wixom (cities), this has risen considerably in the last 6 months. The rent price in October is $1,143, rising in November till $1,303. During the following two months (December, January) the average price had a considerable rise of 155 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $1,560 to $1,056, which means a 68 % fall.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 3 bedrooms are the most affordable ones. At a price of $1,334 they are 43 % more affordable than the average price for Wixom . The properties with the highest average price have 2 bedrooms, Their price is 46 % more expensive than the average. After that we have properties with 4 bedrooms priced at $820.

Price per property type

According to average price per property type in Wixom, "" priced at $820 is 39 % lower than the average price ($1,334) in this city.

Charts data
Average price March
Average price per sq.feet March
Number of properties used in Wixom
Number of properties used in region Michigan
$1,334
$1
94
84,308
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value