The rent prices in real estate in Maplewood, 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 Maplewood has had a strong fall during the last 6 months. In July, the average price per sq.feet was $9.15. In the following month the price per sq.feet fell considerably to $1.02. The price for the following two months in (September, October) had a considerable fall of 22 with regard to the previous two months. The price per sq.feet has had a considerable fall of 39 % 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 $3.11 to $1.2 during November, and December.
When referring to the price in Maplewood (cities), this has risen in the last 6 months. The rent price in July is $1,288, rising in August till $1,395. During the following two months (September, October) the price has had an average rise from $1,341.5 to $1,411.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 95 %, going from $1,376.5 to $1,303 in November and December.
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 $1,236 they are 26 % more affordable than the average price for Maplewood . The properties with the highest average price have 4 bedrooms, Their price is 79 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,473.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.97 / sq.feet, with an average $1.23 / sq.feet price in Maplewood. The properties with the most expensive average prices have 1 bedroom. They are 5 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.26 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $1,236 it is 12 % more affordable than the average price in Maplewood. "" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Condo". At a price of $1,396 it is 47 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $1.12 / sq.feet followed by "House" priced at $1.17 / sq.feet. "Apartment" is the most expensive type of property with a $1.28 / sq.feet value followed by "House" with an average price of $1.17 / sq.feet.