The rent prices in real estate in Montrose, 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 Montrose has had a strong fall during the last 6 months. In September, the average price per sq.feet was $16. In October this price barely changed remaining at $16 per sq.feet. The price for the following two months in (November, December) had a considerable fall of 0 with regard to the previous two months. The price per sq.feet has fallen 94 % 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 $8 to $7.5 during January, and February.
When referring to the price in Montrose (cities), there have hardly been any changes in the last 6 months. In our first sample month during September, the average price is $1,609. In October This price remains at $1,609. During the following two months (November, December) the price has had an average rise from $1,609 to $1,691. 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 $1,650 and $1,599 between January and February.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 9 % more expensive than the average price of $1,758 in Montrose. Based on the bedrooms values, properties with the most expensive rent prices are those with 1 bedroom. They are 9 % more expensive than the average aforementioned.
According to average price per property type in Montrose, "" priced at $1,758 is 9 % more expensive than the average price ($1,607) in this city.