The rent prices in real estate in St. Louis Park, in the Minnesota region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in St. Louis Park has fallen during the last 6 months. In November, the average price per sq.feet was $2.17. In the following month the price per sq.feet fell to $1.92. In the following two months the price per sq.feet has practically remained the same, going from $2.05 to $2.05 per sq.feet. The price per sq.feet has fallen 93 % 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 $2.05 to $1.9 during March, and April.
When referring to the price in St. Louis Park (cities), this has fallen in the last 6 months. The average price for November is $1,927. During December the price had a slight fall till $1,824. In the following two months the average price has hardly changed with regard to the previous two months from $1,875.5 to $1,866. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 94 %, going from $1,870.75 to $1,756 in March and April.
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 $1,767 they are 9 % more affordable than the average price for St. Louis Park . The properties with the highest average price have 4 bedrooms, Their price is 78 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,439.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.78 / sq.feet, with an average $1.93 / sq.feet price in St. Louis Park. The properties with the most expensive average prices have 1 bedroom. They are 5 % more expensive than the average followed by properties with 3 bedrooms with a price at $1.83 / sq.feet.
According to average price per property type in St. Louis Park, "" priced at $1,845 is 4 % more expensive than the average price ($1,767) in this city.