Property prices for rent in Montgomery (Minnesota)
The rent prices in real estate in Montgomery, in the Minnesota region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Montgomery has fallen during the last 6 months. In October, the average price per sq.feet was $1. In November this price barely changed remaining at $1 per sq.feet. The price for the following two months in (December, January) had a considerable rise of 122 %. The price per sq.feet has had a considerable fall of 47 % 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 $1.11 to $0.52 during February, and March.
When referring to the price in Montgomery (cities), this has risen in the last 6 months. In our first sample month during October, the average price is $759. In November This price remains at $791. During the following two months (December, January) the average price had a considerable rise of 122 % with regard to the previous two months. 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 $861.25 and $832.5 between February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $723 they are 21 % more affordable than the average price for Montgomery . The properties with the lowest average price have 1 bedroom, Their price is 1 % more affordable than the average. After that we have properties with 2 bedrooms priced at $569.
According to average price per property type in Montgomery, "" priced at $569 is 21 % lower than the average price ($723) in this city.
