The rent prices in real estate in Frankfort, in the Kentucky region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Frankfort has risen during the last 6 months. In January, the average price per sq.feet was $0.84. In February this price barely changed remaining at $0.87 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $0.86 to $0.88 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $0.87 to $0.89 during May y June
When referring to the price in Frankfort (cities), there have hardly been any changes in the last 6 months. In our first sample month during January, the average price is $702. In February This price remains at $674. In the following two months the average price has hardly changed with regard to the previous two months from $688 to $704. 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 $696 and $726.5 between May and June.
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 $734 they are 15 % more affordable than the average price for Frankfort . The properties with the highest average price have 4 bedrooms, Their price is 69 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,010.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $0.8 / sq.feet, with an average $0.91 / sq.feet price in Frankfort. The properties with the most expensive average prices have 1 bedroom. They are 7 % more expensive than the average followed by properties with 2 bedrooms with a price at $0.87 / sq.feet.
According to average price per property type in Frankfort, "" priced at $709 is 3 % lower than the average price ($734) in this city.