Property prices for rent in Zimmerman (Minnesota)
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 November, the average price per sq.feet was $1.55. In December this price barely changed remaining at $1.53 per sq.feet. The price for the following two months in (January, February) had a considerable fall of 79 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 $1.38 to $1.2 during March, and April.
When referring to the price in Zimmerman (cities), this has fallen in the last 6 months. In our first sample month during November, the average price is $1,463. In December This price remains at $1,457. During the following two months (January, February) the average price had a considerable fall of 84 % 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 increased 109 % 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 $1,470 they are 28 % more affordable than the average price for Zimmerman . The properties with the highest average price have 3 bedrooms, Their price is 7 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,233.
According to average price per property type in Zimmerman, "" priced at $1,093 is 26 % lower than the average price ($1,470) in this city.
