The rent prices in real estate in Zimmerman, 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 Zimmerman has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1.68. In the following month the price per sq.feet fell to $1.55. The price for the following two months in (December, January) fell 85 % with regard to the previous two months. The price per sq.feet has fallen 87 % 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 $1.5 to $1.3 during February, and March.
When referring to the price in Zimmerman (cities), this has fallen in the last 6 months. In our first sample month during October, the average price is $1,472. In November This price remains at $1,463. During the following two months (December, January) the average price fell 94 % 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 92 %, going from $1,423 to $1,308.5 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 $1,456 they are 27 % more affordable than the average price for Zimmerman . The properties with the highest average price have 3 bedrooms, Their price is 9 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,235.
According to average price per property type in Zimmerman, "" priced at $1,095 is 25 % lower than the average price ($1,456) in this city.