Property prices for rent in Moorhead (Minnesota)

The rent prices in real estate in Moorhead, in the Minnesota region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.

Average price last 6 months
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Moorhead has risen strongly during the last 6 months. In February, the average price per sq.feet was $0.86. In the following month the price per sq.feet rose considerably to $1.29. The price for the following two months in (April, May) had a considerable rise of 157 %. The price per sq.feet has had a considerable rise of 272 % 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 $1.38 to $3.76 during June, and July.

Average price

When referring to the price in Moorhead (cities), this has risen considerably in the last 6 months. The rent price in February is $856, rising in March till $935. During the following two months (April, May) the price has had an average rise from $895.5 to $995.5. Based on an analysis of the first four prices and the last two months the average price has increased 113 % during the last two months.

Average price per bedrooms

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 $1,075 they are 37 % more affordable than the average price for Moorhead . The properties with the highest average price have 4 bedrooms, Their price is 27 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,345.

With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $3.35 / sq.feet, with an average $4.83 / sq.feet price in Moorhead. The properties with the most expensive average prices have 1 bedroom. They are 30 % more expensive than the average followed by properties with 3 bedrooms with a price at $5.78 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $1,075 it is 23 % more affordable than the average price in Moorhead. "" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "". At a price of $946 it is 14 % more expensive than the average price.

According to the average cost per sq.feet, the most affordable property is "House" at an average price of $3.22 / sq.feet followed by "Condo" priced at $9.55 / sq.feet. "Condo" is the most expensive type of property with a $9.55 / sq.feet value followed by "House" with an average price of $3.22 / sq.feet.

Charts data
Average price July
Average price per sq.feet July
Number of properties used in Moorhead
Number of properties used in region Minnesota
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value