Property prices for rent in Hopkins (Minnesota)
The rent prices in real estate in Hopkins, 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.
The price per sq.feet in Hopkins has had a strong fall during the last 6 months. In September, the average price per sq.feet was $34.01. In the following month the price per sq.feet fell to $29.49. The price for the following two months in (November, December) had a considerable fall of 79 with regard to the previous two months. The price per sq.feet has had a considerable fall of 58 % 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 $28.49 to $16.6 during January, and February.
When referring to the price in Hopkins (cities), there have hardly been any changes in the last 6 months. In our first sample month during September, the average price is $1,487. In October This price remains at $1,450. In the following two months the average price has hardly changed with regard to the previous two months from $1,468.5 to $1,439.5. 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 $1,454 and $1,429.5 between 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 $1,423 they are 15 % more affordable than the average price for Hopkins . The properties with the highest average price have 4 bedrooms, Their price is 95 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,184.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $15.87 / sq.feet, with an average $29.42 / sq.feet price in Hopkins. The properties with the most expensive average prices have 3 bedrooms. They are 148 % more expensive than the average followed by properties with 2 bedrooms with a price at $59.55 / sq.feet.
According to average price per property type in Hopkins, "" priced at $1,467 is 3 % more expensive than the average price ($1,423) in this city.
