The rent prices in real estate in Andover, in the Minnesota 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 Andover has risen strongly during the last 6 months. In July, the average price per sq.feet was $0.98. In the following month the price per sq.feet rose considerably to $11. In the following two months the price per sq.feet has risen 106 %, going from $5.99 to $6.35 per sq.feet. The price per sq.feet has had a considerable rise of 265 % 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 $6.17 to $16.37 during November, and December.
When referring to the price in Andover (cities), this has fallen considerably in the last 6 months. The average price for July is $2,550. During August the price had a considerable fall till $2,076. During the following two months (September, October) the average price had a considerable fall of 80 % with regard to the previous two months. 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 $2,078.75 and $2,161.5 between November and December.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 27 % more affordable than the average price of $1,641 in Andover. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 27 % more affordable than the average aforementioned.
According to average price per property type in Andover, "" priced at $1,641 is 27 % lower than the average price ($2,236) in this city.