Property prices for rent in Montrose (Minnesota)
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 October, the average price per sq.feet was $1.4. In the following month the price per sq.feet fell considerably to $1. The price for the following two months in (December, January) had a considerable fall of 42 with regard to the previous two months. The price per sq.feet has had a considerable fall of 59 % 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 $0.85 to $0.5 during February, and March.
When referring to the price in Montrose (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is $1,433. During November the price went through a considerable rise reaching $2,097. During the following two months (December, January) the average price had a considerable rise of 121 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 87 %, going from $1,953.5 to $1,704 in February and March.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 18 % more expensive than the average price of $1,684 in Montrose. Based on the bedrooms values, properties with the most expensive rent prices are those with 1 bedroom. They are 18 % more expensive than the average aforementioned.
According to average price per property type in Montrose, "" priced at $1,684 is 18 % more expensive than the average price ($1,431) in this city.
