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.

$1,480.83
Average price last 6 months
$1.62
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 $1.64. The following month the price fell to $1.55 per sq.feet. The price per sq.feet for the following two months barely changed going from $1.6 to $1.61 per sq.feet. In the last two months, the price has barely changed with regard to the average value for the last 4 months going from an average price per sq.feet of $1.6 to $1.67 during December and January.

Average price

When referring to the price in Minnesota(region), there have hardly been any changes in the last 6 months. August has an average price of $1,519. During Septemberthe price had a slight fall till $1,394. In the following two months the average price practically remained the same compared to the previous two going from $1,456.5 to $1,477. During the last two months the average price has not gone through any changes and has gone from $1,466.75 to $1,509 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 15 % cheaper than the average price in Minnesota followed by those with 2 with an average price of $1,574. The most expensive properties have 4 bedrooms. They are 55 % more expensive than the average followed by those properties with 3 bedrooms priced at $2,055.

Based on the average price per sq.feet those properties with 4 bedrooms are the most affordable ones with a price of $1.19 / sq.feet being $1.74 / sq.feet the average for Minnesota. The properties with the highest average price are those with 1 bedroom. These are 8 % more expensive than the average followed by those with 2 bedrooms with a price of $1.52 / sq.feet.

Price per property type

The graph displaying the average rent price according to the property type shows "Townhouse" as the most affordable one. With an average cost of $1,468 it is 19 % cheaper than the average in Minnesota. This is followed by "" with a cost of $1,295. The most expensive property type is "Condo" and is 46 % more costly than the average, followed by "Land" with a cost of $1,934.

Based upon the average cost per sq.feet the most affordable property type is "Townhouse with a an average price of $0.99 / sq.feet, followed by "Condo" with a price of $1.31 / sq.feet. "Land" with an average price of $2.09 / sq.feet is the most expensive type of property followed by "Apartment" at a price of $1.88 / sq.feet.

Charts data
Average price January
Average price per sq.feet January
Number of properties used in region Minnesota
$1,468
$1.74
182,308
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value