The rent prices in real estate in Woodbury, 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 Woodbury has risen strongly during the last 6 months. In January, the average price per sq.feet was $1.13. In the following month the price per sq.feet rose to $1.21. In the following two months the price per sq.feet has practically remained the same, going from $1.17 to $1.2 per sq.feet. The price per sq.feet has had a considerable rise of 562 % 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 $1.18 to $6.65 during May, and June.
When referring to the price in Woodbury (cities), there have hardly been any changes in the last 6 months. The average price for January is $1,831. During February the price had a slight fall till $1,712. In the following two months the average price has hardly changed with regard to the previous two months from $1,771.5 to $1,712.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,742 and $1,791 between May and June.
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 $1,802 they are 24 % more affordable than the average price for Woodbury . The properties with the highest average price have 4 bedrooms, Their price is 49 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,162.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $12.12 / sq.feet price in Woodbury. The properties with the most affordable average prices have 2 bedrooms. They are 30 % more affordable than the average followed by properties with 1 bedroom with a price at $1.67 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $1,802 it is 21 % more affordable than the average price in Woodbury. "" is seen as the second most affordable property type. The most expensive property type is "House" followed by "". At a price of $1,944 it is 18 % more expensive than the average price.
According to the average area price by sq.feet the most affordable property type is "Apartment with an average cost of $1 / sq.feet. "Apartment" with an average price of $1 / sq.feet has the most affordable price and would be directed at less affluent cities.