The rent prices in real estate in Chanute, 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 Chanute has had a strong fall during the last 6 months. In March, the average price per sq.feet was $0.56. In the following month the price per sq.feet fell to $0.52. The price for the following two months in (May, June) had a considerable fall of 54 with regard to the previous two months. The price per sq.feet has had a considerable rise of 133 % 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 $0.42 to $0.55 during July, and August.
When referring to the price in Chanute (cities), this has risen in the last 6 months. In our first sample month during March, the average price is $489. In April This price remains at $487. During the following two months (May, June) the price has had an average rise from $488 to $531.5. Based on an analysis of the first four prices and the last two months the average price has increased 111 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 9 % more affordable than the average price of $477 in Chanute. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 9 % more affordable than the average aforementioned.
According to average price per property type in Chanute, "" priced at $477 is 9 % lower than the average price ($523) in this city.