The rent prices in real estate in Albert Lea, in the Minnesota region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.feet in Albert Lea has barely changed in the last 6 months. In October, the average price per sq.feet was $0.6. In the following month the price per sq.feet rose considerably to $0.72. In the following two months the price per sq.feet has risen 114 %, going from $0.66 to $0.75 per sq.feet. The price per sq.feet has had a considerable fall of 57 % 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 $0.71 to $0.41 during February, and March.
When referring to the price in Albert Lea (cities), there have hardly been any changes in the last 6 months. The average price for October is $923. During November the price had a slight fall till $825. During the following two months (December, January) the average price fell 94 % 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 120 % 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 33 % more affordable than the average price of $637 in Albert Lea. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 33 % more affordable than the average aforementioned.
According to average price per property type in Albert Lea, "" priced at $637 is 33 % lower than the average price ($955) in this city.