The rent prices in real estate in Virginia, 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 Virginia has risen strongly during the last 6 months. In October, the average price per sq.feet was $1. In the following month the price per sq.feet rose considerably to $1.48. In the following two months the price per sq.feet has practically remained the same, going from $1.24 to $1.22 per sq.feet. The price per sq.feet has fallen 86 % 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 $1.23 to $1.05 during February, and March.
When referring to the price in Virginia (cities), this has risen in the last 6 months. The average price during our first sample month during October, is $772. During November the price went through a considerable rise reaching $905. During the following two months (December, January) the price has had an average rise from $838.5 to $881.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 90 %, going from $860 to $770 in February and March.
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 $843 they are 9 % more affordable than the average price for Virginia . The properties with the lowest average price have 3 bedrooms, Their price is 5 % more affordable than the average. After that we have properties with 4 bedrooms priced at $801.
According to average price per property type in Virginia, "" priced at $800 is 5 % lower than the average price ($843) in this city.