The rent prices in real estate in El Dorado, 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 El Dorado has had a strong fall during the last 6 months. In November, the average price per sq.feet was $12.85. In the following month the price per sq.feet fell considerably to $1.06. The price for the following two months in (January, February) had a considerable fall of 23 with regard to the previous two months. The price per sq.feet has had a considerable fall of 42 % 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 $4.28 to $1.78 during March, and April.
When referring to the price in El Dorado (cities), this has fallen considerably in the last 6 months. The average price for November is $10,700. During December the price had a considerable fall till $1,146. During the following two months (January, February) the average price had a considerable fall of 27 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $3,762.25 to $1,483, which means a 39 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $1,970 they are 74 % more affordable than the average price for El Dorado . The properties with the lowest average price have 2 bedrooms, Their price is 65 % more affordable than the average. After that we have properties with 3 bedrooms priced at $587.
According to average price per property type in El Dorado, "" priced at $587 is 70 % lower than the average price ($1,970) in this city.