Property prices for rent in Minnesota region
The average rent price in the Minnesota region has remained at pretty much the same value in recent months. Rent prices in this region have remained pretty much the same.
The price per sq.feet in Minnesota has barely changed in the last 6 months. During October, the average price per sq.feet was $1.66. In November the price barely changed remaining at $1.68 per sq.feet. The price per sq.feet for the following two months barely changed going from $1.67 to $1.62 per sq.feet. In the last two months, the price has barely changed with regard to the average value for the last 4 months going from an average price per sq.feet of $1.64 to $1.58 during February and March.
When referring to the price in Minnesota(region), there have hardly been any changes in the last 6 months. In the first month sample October the average price is $1,543. In November the price remains at $1,503. In the following two months the average price practically remained the same compared to the previous two going from $1,523 to $1,539. During the last two months the average price has not gone through any changes and has gone from $1,531 to $1,455.5 during February and March.
The graph displaying the the average rent price per number of bedrooms shows that those with 1 bedroom are the most affordable ones. They are 21 % cheaper than the average price in Minnesota followed by those with 2 with an average price of $1,441. The most expensive properties have 4 bedrooms. They are 77 % more expensive than the average followed by those properties with 3 bedrooms priced at $2,090.
Based on the average price per sq.feet those properties with 4 bedrooms are the most affordable ones with a price of $1.27 / sq.feet being $1.57 / sq.feet the average for Minnesota. The properties with the highest average price are those with 1 bedroom. These are 8 % more expensive than the average followed by those with 2 bedrooms with a price of $1.51 / sq.feet.
The graph displaying the average rent price according to the property type shows "House" as the most affordable one. With an average cost of $1,423 it is 8 % cheaper than the average in Minnesota. This is followed by "Townhouse" with a cost of $1,383. The most expensive property type is "Condo" and is 71 % more costly than the average, followed by "Commercial" with a cost of $2,108.
Based upon the average cost per sq.feet the most affordable property type is "Apartment with a an average price of $1 / sq.feet, followed by "Townhouse" with a price of $1.09 / sq.feet. "Commercial" with an average price of $2.28 / sq.feet is the most expensive type of property followed by "Condo" at a price of $2.26 / sq.feet.
