Property prices for rent in Pine Island (Minnesota)
The rent prices in real estate in Pine Island, in the Minnesota region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Pine Island has fallen during the last 6 months. In October, the average price per sq.feet was $1.15. In November this price barely changed remaining at $1.2 per sq.feet. The price for the following two months in (December, January) fell 93 % with regard to the previous two months. The price per sq.feet has fallen 91 % 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 $1.13 to $1.03 during February, and March.
When referring to the price in Pine Island (cities), this has fallen considerably in the last 6 months. The average price for October is $1,736. During November the price had a considerable fall till $1,278. During the following two months (December, January) the average price fell 90 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $1,432.25 to $1,188.5, which means a 83 % fall.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 15 % more expensive than the average price of $1,261 in Pine Island. Based on the bedrooms values, properties with the most expensive rent prices are those with 1 bedroom. They are 15 % more expensive than the average aforementioned.
