Property prices for rent in Madison Lake (Minnesota)

The rent prices in real estate in Madison Lake, 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.

$1,033
Average price last 6 months
$5.6
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Madison Lake has had a strong fall during the last 6 months. In May, the average price per sq.feet was $7. In June this price barely changed remaining at $7 per sq.feet. The price for the following two months in (July, August) had a considerable fall of 57 with regard to the previous two months. The price per sq.feet has had a considerable fall of 55 % 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 $5.5 to $3 during September, and October.

Average price

When referring to the price in Madison Lake (cities), this has fallen considerably in the last 6 months. In our first sample month during May, the average price is $992. In June This price remains at $992. During the following two months (July, August) the price has had an average rise from $992 to $1,095. During the last two months the average price has fallen greatly compared to the previous four going from $1,043.5 to $495.5, which means a 47 % 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 2 % more affordable than the average price of $967 in Madison Lake. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 2 % more affordable than the average aforementioned.

Price per property type

According to average price per property type in Madison Lake, "" priced at $967 is 2 % lower than the average price ($991) in this city.

Charts data
Average price October
Average price per sq.feet October
Number of properties used in Madison Lake
Number of properties used in region Minnesota
$991
$6
6
67,844
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value