The rent prices in real estate in Rush City, 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.
The price per sq.feet in Rush City has had a strong fall during the last 6 months. In February, the average price per sq.feet was $1.77. In the following month the price per sq.feet fell to $1.68. The price for the following two months in (April, May) had a considerable fall of 53 with regard to the previous two months. The price per sq.feet has had a considerable fall of 38 % 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 $1.32 to $0.5 during June, and July.
When referring to the price in Rush City (cities), this has fallen considerably in the last 6 months. The rent price in February is $763, rising in March till $806. During the following two months (April, May) the average price had a considerable fall of 47 % 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 $575.5 to $362, which means a 63 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 3 bedrooms are the most expensive ones. At a price of $724 they are 14 % more expensive than the average price for Rush City. Following this ranking we find those properties with 1 at an average price of $829. The properties with the highest average price have 1 bedroom, Their price is 15 % more expensive than the average. After that we have properties with 3 bedrooms priced at $826.
According to average price per property type in Rush City, "" priced at $826 is 14 % more expensive than the average price ($724) in this city.