Property prices for rent in Andover (Minnesota)
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 October, the average price per sq.feet was $1.14. In the following month the price per sq.feet rose considerably to $1.33. The price for the following two months in (December, January) had a considerable rise of 116 %. The price per sq.feet has risen 107 % 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 $1.33 to $1.42 during February, and March.
When referring to the price in Andover (cities), this has risen considerably in the last 6 months. The rent price in October is $1,649, rising in November till $1,872. During the following two months (December, January) the average price had a considerable rise of 121 % 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 increased 114 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $2,156 they are 21 % more affordable than the average price for Andover . The properties with the highest average price have 3 bedrooms, Their price is 15 % more expensive than the average. After that we have properties with 4 bedrooms priced at $2,343.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $1.29 / sq.feet price in Andover. The properties with the most expensive average prices have 1 bedroom. They are 55 % more expensive than the average followed by properties with 2 bedrooms with a price at $1 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,156 it is 15 % more affordable than the average price in Andover. "Apartment" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Apartment". At a price of $2,263 it is 7 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $1 / sq.feet followed by "Apartment" priced at $2 / sq.feet. "Apartment" is the most expensive type of property with a $2 / sq.feet value followed by "House" with an average price of $1 / sq.feet.
