The rent prices in real estate in Wichita, in the Kansas region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Wichita has risen during the last 6 months. In October, the average price per sq.feet was $0.97. In November this price barely changed remaining at $1 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $0.99 to $1.01 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $1 to $1.04 during February y March
When referring to the price in Wichita (cities), this has risen in the last 6 months. The rent price in October is $1,004, rising in November till $1,065. In the following two months the average price has hardly changed with regard to the previous two months from $1,034.5 to $1,034.5. Based on an analysis of the first four prices and the last two months the average price has increased 106 % 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 $1,097 they are 34 % more affordable than the average price for Wichita . The properties with the highest average price have 4 bedrooms, Their price is 57 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,364.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.94 / sq.feet, with an average $1.07 / sq.feet price in Wichita. The properties with the most expensive average prices have 1 bedroom. They are 10 % more expensive than the average followed by properties with 2 bedrooms with a price at $1 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $1,097 it is 7 % more affordable than the average price in Wichita. "Condo" is seen as the second most affordable property type. The most expensive property type is "" followed by "Townhouse". At a price of $1,382 it is 49 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Townhouse" at an average price of $1 / sq.feet followed by "Condo" priced at $1.08 / sq.feet. "House" is the most expensive type of property with a $1.11 / sq.feet value followed by "Condo" with an average price of $1.08 / sq.feet.