The rent prices in real estate in Champlin, 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 Champlin has risen strongly during the last 6 months. In August, the average price per sq.feet was $1.09. In the following month the price per sq.feet rose to $1.15. In the following two months the price per sq.feet has practically remained the same, going from $1.12 to $1.12 per sq.feet. The price per sq.feet has had a considerable rise of 536 % 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 $1.12 to $6.02 during December, and January.
When referring to the price in Champlin (cities), this has risen in the last 6 months. In our first sample month during August, the average price is $1,498. In September This price remains at $1,506. During the following two months (October, November) the price has had an average rise from $1,502 to $1,634.5. Based on an analysis of the first four prices and the last two months the average price has increased 112 % 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 $1,557 they are 35 % more affordable than the average price for Champlin . The properties with the highest average price have 4 bedrooms, Their price is 33 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,561.
According to average price per property type in Champlin, "" priced at $987 is 37 % lower than the average price ($1,557) in this city.