The rent prices in real estate in East Grand Forks, in the Minnesota region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.feet in East Grand Forks has barely changed in the last 6 months. In February, the average price per sq.feet was $0.88. In March this price barely changed remaining at $0.87 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $0.88 to $0.86 per sq.feet. The price per sq.feet has fallen 94 % 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 $0.87 to $0.81 during June, and July.
When referring to the price in East Grand Forks (cities), this has risen in the last 6 months. In our first sample month during February, the average price is $624. In March This price remains at $646. During the following two months (April, May) the price has had an average rise from $635 to $724. 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 $679.5 and $646.5 between June and July.
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 $649 they are 20 % more affordable than the average price for East Grand Forks . 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 $820.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $0.73 / sq.feet, with an average $0.82 / sq.feet price in East Grand Forks. The properties with the most expensive average prices have 1 bedroom. They are 13 % more expensive than the average followed by properties with 2 bedrooms with a price at $0.78 / sq.feet.
According to average price per property type in East Grand Forks, "" priced at $820 is 26 % more expensive than the average price ($649) in this city.