Property prices for rent in Hopkins (Minnesota)

The rent prices in real estate in Hopkins, in the Minnesota region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.

$1,727
Average price last 6 months
$2.05
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Hopkins has risen during the last 6 months. In September, the average price per sq.feet was $1.93. In the following month the price per sq.feet rose considerably to $2.26. In the following two months the price per sq.feet has risen 107 %, going from $2.1 to $2.23 per sq.feet. The price per sq.feet has had a considerable fall of 84 % 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 $2.16 to $1.82 during January, and February.

Average price

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 $1,737. In October This price remains at $1,823. During the following two months (November, December) the price has had an average rise from $1,780 to $1,887.5. During the last two months the average price has fallen greatly compared to the previous four going from $1,833.75 to $1,513.5, which means a 83 % fall.

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 $1,439 they are 10 % more affordable than the average price for Hopkins . The properties with the highest average price have 4 bedrooms, Their price is 68 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,021.

With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.59 / sq.feet, with an average $1.72 / sq.feet price in Hopkins. The properties with the most expensive average prices have 1 bedroom. They are 4 % more expensive than the average followed by properties with 4 bedrooms with a price at $1.72 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "Condo" as the most expensive one. At an cost of $1,439 it is 4 % more expensive than the average price in Hopkins. "House" is seen as the second most expensive property type. The most expensive property type is "Townhouse" followed by "House". At a price of $1,988 it is 40 % more expensive than the average price.

According to the average cost per sq.feet, the most affordable property is "Townhouse" at an average price of $1.67 / sq.feet followed by "Condo" priced at $1.72 / sq.feet. "House" is the most expensive type of property with a $2.11 / sq.feet value followed by "Condo" with an average price of $1.72 / sq.feet.

Charts data
Average price February
Average price per sq.feet February
Number of properties used in Hopkins
Number of properties used in region Minnesota
$1,439
$1.72
2,736
154,158
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value