The rent prices in real estate in Willmar, 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 Willmar has had a strong fall during the last 6 months. In March, the average price per sq.feet was $0.8. In the following month the price per sq.feet fell considerably to . The price for the following two months in (May, June) had a considerable fall of 0 with regard to the previous two months. The price per sq.feet has had a considerable rise of 195 % 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 $0.2 to $0.39 during July, and August.
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 March, is $759. During April the price went through a considerable rise reaching $985. During the following two months (May, June) the average price fell 94 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 116 % during the last two months.
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 $1,140 they are 44 % more affordable than the average price for Willmar . The properties with the highest average price have 4 bedrooms, Their price is 14 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,029.
According to average price per property type in Willmar, "" priced at $831 is 27 % lower than the average price ($1,140) in this city.