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 September, the average price per sq.feet was $0.83. In October this price barely changed remaining at $0.85 per sq.feet. The price for the following two months in (November, December) had a considerable rise of 132 %. The price per sq.feet has had a considerable rise of 117 % 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 $0.98 to $1.14 during January, and February.

Average price

When referring to the price in Moorhead (cities), this has fallen in the last 6 months. In our first sample month during September, the average price is $1,269. In October This price remains at $1,237. During the following two months (November, December) the average price fell 87 % 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 $1,169.25 to $1,017 in January and February.

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 $1,020 they are 20 % more affordable than the average price for Moorhead . The properties with the highest average price have 4 bedrooms, Their price is 31 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,294.

With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $0.93 / sq.feet, with an average $1.12 / sq.feet price in Moorhead. The properties with the most expensive average prices have 1 bedroom. They are 18 % more expensive than the average followed by properties with 4 bedrooms with a price at $1.1 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $1,020 it is 14 % more affordable than the average price in Moorhead. "" is seen as the second most affordable property type. The most expensive property type is "House" followed by "". At a price of $1,357 it is 41 % 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 $1.07 / sq.feet followed by "Apartment" priced at $1.14 / sq.feet. "Apartment" is the most expensive type of property with a $1.14 / sq.feet value followed by "House" with an average price of $1.07 / sq.feet.

Charts data
Average price February
Average price per sq.feet February
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