Property prices for rent in Saint Michael (Minnesota)
The rent prices in real estate in Saint Michael, 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 Saint Michael has risen during the last 6 months. In November, the average price per sq.feet was $1.52. In December this price barely changed remaining at $1.51 per sq.feet. In the following two months the price per sq.feet has risen 112 %, going from $1.51 to $1.69 per sq.feet. The price per sq.feet has risen 113 % 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 $1.6 to $1.81 during March, and April.
When referring to the price in Saint Michael (cities), this has fallen in the last 6 months. In our first sample month during November, the average price is $2,421. In December This price remains at $2,430. During the following two months (January, February) 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 $2,304.5 to $1,819.5, which means a 79 % fall.
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 $1,808 they are 17 % more affordable than the average price for Saint Michael . The properties with the highest average price have 3 bedrooms, Their price is 40 % more expensive than the average. After that we have properties with 4 bedrooms priced at $2,459.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.64 / sq.feet, with an average $1.87 / sq.feet price in Saint Michael. The properties with the most expensive average prices have 1 bedroom. They are 10 % more expensive than the average followed by properties with 3 bedrooms with a price at $1.87 / sq.feet.
According to average price per property type in Saint Michael, "" priced at $1,843 is 2 % more expensive than the average price ($1,808) in this city.
