The rent prices in real estate in Pelican Rapids, 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 Pelican Rapids has risen strongly during the last 6 months. In March, the average price per sq.feet was . In the following month the price per sq.feet rose considerably to . The price for the following two months in (May, June) had a considerable rise of 2147483647 %. The price per sq.feet has had a considerable rise of 195 % 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 $0.49 to $0.96 during July, and August.
When referring to the price in Pelican Rapids (cities), this has risen in the last 6 months. The rent price in March is $830, rising in April till $938. In the following two months the average price has hardly changed with regard to the previous two months from $884 to $885. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $884.5 and $898.5 between July and August.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $923 they are 27 % more affordable than the average price for Pelican Rapids . The properties with the highest average price have 3 bedrooms, Their price is 24 % more expensive than the average. After that we have properties with 2 bedrooms priced at $921.
With regard to the average prices per sq.feet those properties with 1 bedroom are 4 % more expensive than the average price of ($0.99 / sq.feet) in Pelican Rapids. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 4 % more expensive than the average value aforementioned.
According to average price per property type in Pelican Rapids, "" priced at $673 is 27 % lower than the average price ($923) in this city.