Property prices for rent in Devils Lake (North Dakota)
The rent prices in real estate in Devils Lake, in the North Dakota 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 Devils Lake has risen strongly during the last 6 months. In October, the average price per sq.feet was $0.93. In the following month the price per sq.feet rose considerably to $1.15. In the following two months the price per sq.feet has risen 113 %, going from $1.04 to $1.17 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $1.11 to $1.13 during February y March
When referring to the price in Devils Lake (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is $668. During November the price went through a considerable rise reaching $834. During the following two months (December, January) the average price had a considerable rise of 117 % 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 $815.5 and $842.5 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 $785 they are 7 % more affordable than the average price for Devils Lake . The properties with the highest average price have 3 bedrooms, Their price is 57 % more expensive than the average. After that we have properties with 4 bedrooms priced at $809.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.05 / sq.feet, with an average $1.18 / sq.feet price in Devils Lake. The properties with the most expensive average prices have 1 bedroom. They are 27 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.05 / sq.feet.
According to average price per property type in Devils Lake, "" priced at $805 is 3 % more expensive than the average price ($785) in this city.
