The rent prices in real estate in Berea, in the Kentucky 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 Berea has had a strong fall during the last 6 months. In January, the average price per sq.feet was $7. In the following month the price per sq.feet fell considerably to . The price for the following two months in (March, April) had a considerable fall of 0 with regard to the previous two months. The price per sq.feet has had a considerable rise of 343 % 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 $1.75 to $6 during May, and June.
When referring to the price in Berea (cities), there have hardly been any changes in the last 6 months. In our first sample month during January, the average price is $806. In February This price remains at $795. In the following two months the average price has hardly changed with regard to the previous two months from $800.5 to $816.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $808.5 and $773.5 between May and June.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 7 % more affordable than the average price of $767 in Berea. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 7 % more affordable than the average aforementioned.
According to average price per property type in Berea, "" priced at $767 is 7 % lower than the average price ($822) in this city.