Property prices for rent in Minnesota region

The average rent price in the Minnesota region has remained at pretty much the same value in recent months. Rent prices in this region have remained pretty much the same.

$1,516
Average price last 6 months
$1.70
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Minnesota has barely changed in the last 6 months. During August, the average price per sq.feet was $1.75. The following month (September) the price rose to $1.85 per sq.feet. The following two months (October, November) went through a fall of 93 % in the rent price per sq.feet with regard to the previous two. In the last two months, the price per sq.feet has fallen 93 %. This has been obtained by comparing the price $1.73 for the first four months of the sample with regard to the previous 4 months and the price $1.62 per sq.feet for the last two months (December, January).

Average price

When referring to the price in Minnesota(region), this has risen in the last 6 months. The average rent price in August is $1,446. In September the price rose to $1,526. In the following two months the average price practically remained the same compared to the previous two going from $1,486 to $1,523. During the last two months the average price has not gone through any changes and has gone from $1,504.5 to $1,539 during December and January.

Average price per bedrooms

The graph displaying the the average rent price per number of bedrooms shows that those with 1 bedroom are the most affordable ones. They are 22 % cheaper than the average price in Minnesota followed by those with 2 with an average price of $1,497. The most expensive properties have 4 bedrooms. They are 68 % more expensive than the average followed by those properties with 3 bedrooms priced at $2,091.

Based on the average price per sq.feet those properties with 4 bedrooms are the most affordable ones with a price of $1.28 / sq.feet being $1.59 / sq.feet the average for Minnesota. The properties with the highest average price are those with 1 bedroom. These are 13 % more expensive than the average followed by those with 2 bedrooms with a price of $1.53 / sq.feet.

Price per property type

The graph displaying the average rent price according to the property type shows "House" as the most affordable one. With an average cost of $1,514 it is 17 % cheaper than the average in Minnesota. This is followed by "Detached House" with a cost of $1,377. The most expensive property type is "Townhouse" and is 87 % more costly than the average, followed by "Land" with a cost of $2,025.

Based upon the average cost per sq.feet the most affordable property type is "Detached House with a an average price of $1.14 / sq.feet, followed by "Land" with a price of $1.31 / sq.feet. "Condo" with an average price of $1.85 / sq.feet is the most expensive type of property followed by "House" at a price of $1.6 / sq.feet.

Charts data
Average price January
Average price per sq.feet January
Number of properties used in region Minnesota
$1,514
$1.59
149,990
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
Brand New Home In Medina, Mn. 3 Bed, 2 Bath
 38
Brand New Home In Medina, Mn. 3 Bed, 2 Bath
$437,990
Minnesota - For Sale - House - 1,804 sq.feet - 3 bedrooms - 3 bathrooms
This new construction, quick delivery home is the madison plan by lennar, and is located in the community of the meadow view at 1053 jubert drive, medina,...
Brand New Home In Cottage Grove, Mn. 6 Bed, 4 Bath
 55
Brand New Home In Cottage Grove, Mn. 6 Bed, 4 Bath
$697,390
Cottage Grove, Minnesota - For Sale - House - 4,349 sq.feet - 6 bedrooms - 4 bathrooms
This new construction, quick delivery home is the itasca plan by lennar, and is located in the community of the calarosa - discovery collection at 6036 inspire...
Brand New Home In Burnsville, Mn. 3 Bed, 2 Bath
 85
Brand New Home In Burnsville, Mn. 3 Bed, 2 Bath
$390,000
Burnsville, Minnesota - For Sale - House - 1,877 sq.feet - 3 bedrooms - 3 bathrooms
This new construction, quick delivery home is the northland plan by david weekley homes, and is located in the community of the reserve at twin lakes at 14674...
Brand New Home In Chaska, Mn. 4 Bed, 3 Bath
 46
Brand New Home In Chaska, Mn. 4 Bed, 3 Bath
$589,990$595,315
Chaska, Minnesota - For Sale - House - 2,271 sq.feet - 4 bedrooms - 4 bathrooms
This new construction, quick delivery home is the vanderbilt plan by lennar, and is located in the community of the reserve at autumn woods - discovery...
3 Bed, 2 Bath New Home Plan In Rosemount, Mn
 53
3 Bed, 2 Bath New Home Plan In Rosemount, Mn
$464,990
Rosemount, Minnesota - For Sale - House - 2,489 sq.feet - 3 bedrooms - 3 bathrooms
This to-be-built home is the pryor plan by david weekley homes, and is located in the community of the amber fields - cottage homes at ashford. Special offer!:...