The rent prices in real estate in Rush City, 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 Rush City 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 $1.58. The price for the following two months in (December, January) had a considerable rise of 190 %. The price per sq.feet has had a considerable rise of 128 % 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 $1.14 to $1.46 during February, and March.
When referring to the price in Rush City (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $775. In November This price remains at $800. In the following two months the average price has hardly changed with regard to the previous two months from $787.5 to $783.5. Based on an analysis of the first four prices and the last two months the average price has increased 106 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 3 bedrooms are the most affordable ones. At a price of $846 they are 7 % more affordable than the average price for Rush City . The properties with the highest average price have 1 bedroom, Their price is 5 % more expensive than the average. After that we have properties with 2 bedrooms priced at $793.
According to average price per property type in Rush City, "" priced at $790 is 7 % lower than the average price ($846) in this city.