Property prices for rent in Hibbing (Minnesota)

The rent prices in real estate in Hibbing, 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.

$1,409.5
Average price last 6 months
$9
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Hibbing has had a strong fall during the last 6 months. In March, the average price per sq.feet was $24. In the following month the price per sq.feet fell considerably to . The price for the following two months in (May, June) had a considerable fall of 29 with regard to the previous two months. The price per sq.feet has had a considerable rise of 148 % 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 $7.75 to $11.5 during July, and August.

Average price

When referring to the price in Hibbing (cities), this has fallen considerably in the last 6 months. The average price for March is $4,490. During April the price had a considerable fall till $791. During the following two months (May, June) the average price had a considerable fall of 31 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $1,723.75 to $781, which means a 45 % fall.

Average price per bedrooms

The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 1 % more affordable than the average price of $769 in Hibbing. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 1 % more affordable than the average aforementioned.

Price per property type

According to average price per property type in Hibbing, "" priced at $769 is 1 % lower than the average price ($777) in this city.

Charts data
Average price August
Average price per sq.feet August
Number of properties used in Hibbing
Number of properties used in region Minnesota
$777
$11
28
49,308
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value