Property prices for rent in Saint Paul (Minnesota)
The rent prices in real estate in Saint Paul, 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 Saint Paul has risen strongly during the last 6 months. In September, the average price per sq.feet was $1.84. In October this price barely changed remaining at $1.8 per sq.feet. The price for the following two months in (November, December) had a considerable rise of 315 %. 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 $3.78 to $4.26 during January, and February.
When referring to the price in Saint Paul (cities), there have hardly been any changes in the last 6 months. In our first sample month during September, the average price is $1,349. In October This price remains at $1,366. In the following two months the average price has hardly changed with regard to the previous two months from $1,357.5 to $1,343.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,350.5 and $1,324 between January and February.
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 $1,371 they are 6 % more affordable than the average price for Saint Paul . The properties with the highest average price have 4 bedrooms, Their price is 60 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,135.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.52 / sq.feet, with an average $6.78 / sq.feet price in Saint Paul. The properties with the most expensive average prices have 2 bedrooms. They are 27 % more expensive than the average followed by properties with 1 bedroom with a price at $6.46 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,371 it is 19 % more affordable than the average price in Saint Paul. "House" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "Townhouse". At a price of $1,552 it is 20 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $1.34 / sq.feet followed by "House" priced at $1.74 / sq.feet. "Townhouse" is the most expensive type of property with a $59.01 / sq.feet value followed by "House" with an average price of $1.74 / sq.feet.
