The rent prices in real estate in Augusta, in the Kansas 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 Augusta has had a strong fall during the last 6 months. In October, the average price per sq.feet was $0.91. In the following month the price per sq.feet fell to $0.85. The price for the following two months in (December, January) had a considerable fall of 47 with regard to the previous two months. The price per sq.feet has had a considerable fall of 77 % 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 $0.65 to $0.5 during February, and March.
When referring to the price in Augusta (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $787. In November This price remains at $760. In the following two months the average price has hardly changed with regard to the previous two months from $773.5 to $767.5. 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 2 bedrooms are the most affordable ones. At a price of $739 they are 25 % more affordable than the average price for Augusta . The properties with the lowest average price have 3 bedrooms, Their price is 23 % more affordable than the average. After that we have properties with 1 bedroom priced at $562.
According to average price per property type in Augusta, "" priced at $572 is 23 % lower than the average price ($739) in this city.