Property prices for rent in Owatonna (Minnesota)

The rent prices in real estate in Owatonna, 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.

$1,076.17
Average price last 6 months
$3.5
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Owatonna has had a strong fall during the last 6 months. In June, the average price per sq.feet was $8.98. In the following month the price per sq.feet fell to $8.1. The price for the following two months in (August, September) had a considerable fall of 12 with regard to the previous two months. The price per sq.feet has had a considerable fall of 21 % 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 $4.76 to $0.98 during October, and November.

Average price

When referring to the price in Owatonna (cities), this has risen in the last 6 months. The average price for June is $996. During July the price had a slight fall till $870. During the following two months (August, September) the average price had a considerable rise of 116 % 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 120 % 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 $1,314 they are 45 % more affordable than the average price for Owatonna . The properties with the highest average price have 3 bedrooms, Their price is 6 % more expensive than the average. After that we have properties with 4 bedrooms priced at $1,328.

With regard to the average price per sq.feet, those properties with 2 bedrooms are the most expensive ones at a cost of $1.13 / sq.feet, with an average $0.99 / sq.feet price in Owatonna. The properties with the most expensive average prices have 1 bedroom. They are 38 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.13 / 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 $1,314 it is 33 % more affordable than the average price in Owatonna. "" is seen as the second most affordable property type. The most affordable property is "" followed by "Apartment". At a price of $879 it is 2 % more affordable than the average price.

According to the average area price by sq.feet the most expensive property type is "Apartment with an average cost of $1 / sq.feet. "Apartment" at an average price of $1 / sq.feet has the highest price and would be directed at more affluent cities.

Charts data
Average price November
Average price per sq.feet November
Number of properties used in Owatonna
Number of properties used in region Minnesota
$1,314
$0.99
208
58,512
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value