The rent prices in real estate in Conway Springs, 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 Conway Springs has had a strong fall during the last 6 months. In May, the average price per sq.feet was $2.89. In the following month the price per sq.feet fell to $2.54. The price for the following two months in (July, August) had a considerable fall of 69 with regard to the previous two months. The price per sq.feet has had a considerable fall of 66 % 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 $2.29 to $1.5 during September, and October.
When referring to the price in Conway Springs (cities), there have hardly been any changes in the last 6 months. The rent price in May is $2,051, rising in June till $2,294. In the following two months the average price has hardly changed with regard to the previous two months from $2,172.5 to $2,233.5. During the last two months the average price has fallen greatly compared to the previous four going from $2,203 to $1,671.5, which means a 76 % fall.
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 $1,772 they are 35 % more affordable than the average price for Conway Springs . The properties with the highest average price have 4 bedrooms, Their price is 6 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,474.
According to average price per property type in Conway Springs, "" priced at $1,295 is 27 % lower than the average price ($1,772) in this city.