Property prices for rent in Faribault (Minnesota)

The price per sq.feet in Faribault has had a strong fall during the last 6 months. In June, the average price per sq.feet was $7.7. In the following month the price per sq.feet rose considerably to $10.56. The price for the following two months in (August, September) had a considerable fall of 11 with regard to the previous two months. The price per sq.feet has had a considerable fall of 49 % 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 $5.07 to $2.48 during October, and November.

When referring to the price in Faribault (cities), this has fallen in the last 6 months. The average price for June is $1,039. During July the price had a slight fall till $986. In the following two months the average price has hardly changed with regard to the previous two months from $1,012.5 to $985.5. 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 $999 and $970 between October and November.

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 $974 they are 25 % more affordable than the average price for Faribault . The properties with the highest average price have 3 bedrooms, Their price is 11 % more expensive than the average. After that we have properties with 4 bedrooms priced at $989.

With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $1 / sq.feet, with an average $4 / sq.feet price in Faribault. The properties with the most affordable average prices have 4 bedrooms. They are 50 % more affordable than the average followed by properties with 1 bedroom with a price at $1 / sq.feet.

The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $974 it is 7 % more affordable than the average price in Faribault. "House" is seen as the second most affordable property type. The most expensive property type is "House" followed by "". At a price of $906 it is 2 % 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 $2 / sq.feet. "House" with an average price of $2 / sq.feet has the most affordable price and would be directed at less affluent cities.