The rent prices in real estate in Cottage Grove, 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 Cottage Grove has risen strongly during the last 6 months. In January, the average price per sq.feet was $3.77. In the following month the price per sq.feet fell considerably to $3.06. In the following two months the price per sq.feet has risen 114 %, going from $3.41 to $3.89 per sq.feet. The price per sq.feet has had a considerable rise of 222 % 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 $3.65 to $8.11 during May, and June.
When referring to the price in Cottage Grove (cities), there have hardly been any changes in the last 6 months. The rent price in January is $1,617, rising in February till $1,824. During the following two months (March, April) the average price fell 93 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 86 %, going from $1,656.5 to $1,426 in May and June.
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 $1,410 they are 21 % more affordable than the average price for Cottage Grove . The properties with the highest average price have 3 bedrooms, Their price is 21 % more expensive than the average. After that we have properties with 4 bedrooms priced at $1,449.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $6.35 / sq.feet, with an average $9.11 / sq.feet price in Cottage Grove. The properties with the most expensive average prices have 1 bedroom. They are 62 % more expensive than the average followed by properties with 3 bedrooms with a price at $7.5 / sq.feet.
According to average price per property type in Cottage Grove, "" priced at $1,449 is 3 % more expensive than the average price ($1,410) in this city.