The rent prices in real estate in Willmar, 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 Willmar has risen strongly during the last 6 months. In July, the average price per sq.feet was . In the following month the price per sq.feet rose considerably to $0.78. The price for the following two months in (September, October) had a considerable rise of 249 %. The price per sq.feet has had a considerable rise of 140 % 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 $0.68 to $0.95 during November, and December.
When referring to the price in Willmar (cities), this has risen in the last 6 months. The average price during our first sample month during July, is $829. During August the price went through a considerable rise reaching $1,140. During the following two months (September, October) the average price fell 87 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 86 %, going from $922 to $788.5 in November and December.
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 $751 they are 11 % more affordable than the average price for Willmar . The properties with the highest average price have 4 bedrooms, Their price is 74 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,038.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $0.92 / sq.feet, with an average $0.93 / sq.feet price in Willmar. The properties with the most expensive average prices have 1 bedroom. They are 5 % more expensive than the average followed by properties with 2 bedrooms with a price at $0.92 / sq.feet.
According to average price per property type in Willmar, "" priced at $832 is 11 % more expensive than the average price ($751) in this city.