The rent prices in real estate in Richfield, 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.
The price per sq.feet in Richfield has risen during the last 6 months. In October, the average price per sq.feet was $1.72. In the following month the price per sq.feet rose to $1.91. In the following two months the price per sq.feet has risen 110 %, going from $1.82 to $2.01 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $1.91 to $1.9 during February y March
When referring to the price in Richfield (cities), this has risen considerably in the last 6 months. The rent price in October is $1,331, rising in November till $1,495. During the following two months (December, January) the price has had an average rise from $1,413 to $1,498. Based on an analysis of the first four prices and the last two months the average price has increased 110 % 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 $1,690 they are 14 % more affordable than the average price for Richfield . The properties with the highest average price have 4 bedrooms, Their price is 37 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,275.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.49 / sq.feet, with an average $2.15 / sq.feet price in Richfield. The properties with the most affordable average prices have 1 bedroom. They are 1 % more affordable than the average followed by properties with 2 bedrooms with a price at $1.82 / sq.feet.
According to average price per property type in Richfield, "" priced at $1,159 is 31 % lower than the average price ($1,690) in this city.