The rent prices in real estate in Dodge City, in the Kansas region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Dodge City has risen strongly during the last 6 months. In October, the average price per sq.feet was $1.09. In the following month the price per sq.feet rose to $1.15. The price for the following two months in (December, January) had a considerable rise of 132 %. The price per sq.feet has fallen 91 % 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 $1.3 to $1.18 during February, and March.
When referring to the price in Dodge City (cities), this has risen in the last 6 months. In our first sample month during October, the average price is $945. In November This price remains at $968. During the following two months (December, January) the price has had an average rise from $956.5 to $1,022.5. 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 $989.5 and $975 between February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $982 they are 50 % more affordable than the average price for Dodge City . The properties with the highest average price have 2 bedrooms, Their price is 13 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,094.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $1.02 / sq.feet, with an average $1.1 / sq.feet price in Dodge City. The properties with the most expensive average prices have 2 bedrooms. They are 5 % more expensive than the average followed by properties with 1 bedroom with a price at $1.02 / sq.feet.
According to average price per property type in Dodge City, "" priced at $490 is 50 % lower than the average price ($982) in this city.