Property prices for rent in Fergus Falls (Minnesota)

The rent prices in real estate in Fergus Falls, in the Minnesota region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.

$833.83
Average price last 6 months
$4.26
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Fergus Falls has had a strong fall during the last 6 months. In June, the average price per sq.feet was $7.09. In the following month the price per sq.feet rose considerably to $8.91. 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 fallen 89 % 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 $4.42 to $3.93 during October, and November.

Average price

When referring to the price in Fergus Falls (cities), there have hardly been any changes in the last 6 months. In our first sample month during June, the average price is $837. In July This price remains at $849. In the following two months the average price has hardly changed with regard to the previous two months from $843 to $857.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 94 %, going from $850.25 to $801 in October and November.

Average price per bedrooms

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 $781 they are 26 % more affordable than the average price for Fergus Falls . The properties with the highest average price have 2 bedrooms, Their price is 6 % more expensive than the average. After that we have properties with 3 bedrooms priced at $723.

With regard to the average prices per sq.feet those properties with 1 bedroom are 71 % more affordable than the average price of ($2 / sq.feet) in Fergus Falls. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 71 % more affordable than the average value aforementioned.

Price per property type

According to average price per property type in Fergus Falls, "" priced at $723 is 7 % lower than the average price ($781) in this city.

Charts data
Average price November
Average price per sq.feet November
Number of properties used in Fergus Falls
Number of properties used in region Minnesota
$781
$7
118
58,512
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value