The rent prices in real estate in Cannon Falls, in the Minnesota region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Cannon Falls has risen during the last 6 months. In October, the average price per sq.feet was $1.52. In the following month the price per sq.feet rose to $1.65. In the following two months the price per sq.feet has practically remained the same, going from $1.59 to $1.61 per sq.feet. 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 $1.6 to $1.7 during February, and March.
When referring to the price in Cannon Falls (cities), this has fallen in the last 6 months. In our first sample month during October, the average price is $1,277. In November This price remains at $1,302. During the following two months (December, January) the average price fell 85 % 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 $1,194.25 and $1,146 between February and March.
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 $1,161 they are 3 % more affordable than the average price for Cannon Falls . The properties with the highest average price have 2 bedrooms, Their price is 18 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,324.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.39 / sq.feet, with an average $1.7 / sq.feet price in Cannon Falls. The properties with the most affordable average prices have 1 bedroom. They are 0 % more affordable than the average followed by properties with 2 bedrooms with a price at $1.39 / sq.feet.
According to average price per property type in Cannon Falls, "" priced at $1,324 is 14 % more expensive than the average price ($1,161) in this city.