The rent prices in real estate in Willmar, 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 Willmar has risen during the last 6 months. In December, the average price per sq.feet was $0.93. In the following month the price per sq.feet fell to $0.83. The price for the following two months in (February, March) had a considerable rise of 126 %. The price per sq.feet has risen 112 % 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 to $1.11 during April, and May.
When referring to the price in Willmar (cities), this has risen considerably in the last 6 months. The average price during our first sample month during December, is $751. During January the price went through a considerable rise reaching $1,106. During the following two months (February, March) the price has had an average rise from $928.5 to $1,048. Based on an analysis of the first four prices and the last two months the average price has increased 112 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $1,096 they are 40 % more affordable than the average price for Willmar . The properties with the highest average price have 4 bedrooms, Their price is 18 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,028.
According to average price per property type in Willmar, "" priced at $827 is 25 % lower than the average price ($1,096) in this city.