The rent prices in real estate in South Saint Paul, 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 South Saint Paul has had a strong fall during the last 6 months. In July, the average price per sq.feet was $12.34. In the following month the price per sq.feet fell considerably to $1.2. The price for the following two months in (September, October) had a considerable fall of 18 with regard to the previous two months. The price per sq.feet has had a considerable fall of 29 % 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 $3.99 to $1.17 during November, and December.
When referring to the price in South Saint Paul (cities), there have hardly been any changes in the last 6 months. In our first sample month during July, the average price is $1,222. In August This price remains at $1,269. In the following two months the average price has hardly changed with regard to the previous two months from $1,245.5 to $1,262. 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 $1,253.75 and $1,278.5 between November and December.
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 $1,387 they are 32 % more affordable than the average price for South Saint Paul . The properties with the highest average price have 4 bedrooms, Their price is 54 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,479.
With regard to the average prices per sq.feet those properties with 1 bedroom are 8 % more affordable than the average price of ($1 / sq.feet) in South Saint Paul. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 8 % more affordable than the average value aforementioned.
According to average price per property type in South Saint Paul, "" priced at $1,023 is 26 % lower than the average price ($1,387) in this city.