Property prices for rent in Mountain Iron (Minnesota)
The rent prices in real estate in Mountain Iron, 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.
The price per sq.feet in Mountain Iron has risen strongly during the last 6 months. In October, the average price per sq.feet was . In the following month the price per sq.feet rose considerably to $1. The price for the following two months in (December, January) had a considerable rise of 200 %. The price per sq.feet has had a considerable fall of 0 % 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 $0.75 to during February, and March.
When referring to the price in Mountain Iron (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is . During November the price went through a considerable rise reaching $989. During the following two months (December, January) the average price had a considerable rise of 195 % 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 139 % during the last two months.
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 $1,015 they are 24 % more affordable than the average price for Mountain Iron . Based on the bedrooms values, properties with the most expensive rent prices are those with 3 bedrooms. They are 12 % more expensive than the average aforementioned.
