The rent prices in real estate in East Grand Forks, 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 East Grand Forks has risen during the last 6 months. In July, the average price per sq.feet was $0.82. In the following month the price per sq.feet rose to $0.91. In the following two months the price per sq.feet has practically remained the same, going from $0.87 to $0.86 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 $0.86 to $0.9 during November y December
When referring to the price in East Grand Forks (cities), this has risen considerably in the last 6 months. The average price during our first sample month during July, is $649. During August the price went through a considerable rise reaching $790. In the following two months the average price has hardly changed with regard to the previous two months from $719.5 to $736. 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 $727.75 and $751 between November and December.
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 $726 they are 28 % more affordable than the average price for East Grand Forks . 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 4 bedrooms priced at $815.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $0.8 / sq.feet, with an average $0.97 / sq.feet price in East Grand Forks. The properties with the most expensive average prices have 1 bedroom. They are 10 % more expensive than the average followed by properties with 2 bedrooms with a price at $0.96 / sq.feet.
According to average price per property type in East Grand Forks, "" priced at $815 is 12 % more expensive than the average price ($726) in this city.