The rent prices in real estate in Edina, in the Missouri region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Edina has fallen during the last 6 months. In September, the average price per sq.feet was $1.91. In October this price barely changed remaining at $1.86 per sq.feet. The price for the following two months in (November, December) fell 91 % with regard to the previous two months. The price per sq.feet has fallen 93 % 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 $1.8 to $1.66 during January, and February.
When referring to the price in Edina (cities), this has fallen in the last 6 months. The average price for September is $2,002. During October the price had a slight fall till $1,828. During the following two months (November, December) the average price fell 91 % 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 92 %, going from $1,829.25 to $1,690.5 in January and February.
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 $1,718 they are 6 % more affordable than the average price for Edina . The properties with the highest average price have 4 bedrooms, Their price is 80 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,451.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $1.69 / sq.feet price in Edina. The properties with the most expensive average prices have 1 bedroom. They are 11 % more expensive than the average followed by properties with 3 bedrooms with a price at $1.57 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most expensive one. At an cost of $1,718 it is 4 % more expensive than the average price in Edina. "Condo" is seen as the second most expensive property type. The most expensive property type is "Condo" followed by "House". At a price of $1,794 it is 76 % more expensive than the average price.
According to the average area price by sq.feet the most affordable property type is "House with an average cost of $1 / sq.feet. "House" with an average price of $1 / sq.feet has the most affordable price and would be directed at less affluent cities.