The rent prices in real estate in Yale, 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 Yale has risen strongly during the last 6 months. In October, the average price per sq.feet was $0.37. In the following month the price per sq.feet fell considerably to . The price for the following two months in (December, January) had a considerable rise of 273 %. The price per sq.feet has had a considerable rise of 296 % 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 $0.34 to $1.02 during February, and March.
When referring to the price in Yale (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $950. In November This price remains at $943. In the following two months the average price has hardly changed with regard to the previous two months from $946.5 to $985. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $965.75 and $955.5 between February and March.
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 $924 they are 27 % more affordable than the average price for Yale . The properties with the highest average price have 1 bedroom, Their price is 3 % more expensive than the average. After that we have properties with 2 bedrooms priced at $866.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $0.98 / sq.feet, with an average $1.03 / sq.feet price in Yale. The properties with the most expensive average prices have 1 bedroom. They are 2 % more expensive than the average followed by properties with 2 bedrooms with a price at $0.98 / sq.feet.
According to average price per property type in Yale, "" priced at $675 is 27 % lower than the average price ($924) in this city.