Property prices for rent in Moorhead (Minnesota)

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

$1,296.5
Average price last 6 months
$1.16
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Moorhead has risen during the last 6 months. In September, the average price per sq.feet was $1.07. In October this price barely changed remaining at $1.07 per sq.feet. In the following two months the price per sq.feet has risen 108 %, going from $1.07 to $1.15 per sq.feet. The price per sq.feet has risen 113 % 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 $1.26 during January, and February.

Average price

When referring to the price in Moorhead (cities), this has risen considerably in the last 6 months. The average price during our first sample month during September, is $1,001. During October the price went through a considerable rise reaching $1,213. During the following two months (November, December) the average price had a considerable rise of 122 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 116 % 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 $1,450 they are 31 % more affordable than the average price for Moorhead . The properties with the highest average price have 4 bedrooms, Their price is 44 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,483.

With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.04 / sq.feet, with an average $1.28 / sq.feet price in Moorhead. The properties with the most expensive average prices have 1 bedroom. They are 15 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.09 / 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 $1,450 it is 13 % more affordable than the average price in Moorhead. "" is seen as the second most affordable property type. The most expensive property type is "Land" followed by "Condo". At a price of $1,562 it is 37 % more expensive than the average price.

According to the average cost per sq.feet, the most affordable property is "Land" at an average price of $1.06 / sq.feet followed by "House" priced at $1.29 / sq.feet. "House" is the most expensive type of property with a $1.29 / sq.feet value followed by "Land" with an average price of $1.06 / 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
$1,450
$1.28
1,772
154,158
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value