The rent prices in real estate in Independence, in the Kansas region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Independence has fallen during the last 6 months. In November, the average price per sq.feet was $1.15. In the following month the price per sq.feet fell to $1.06. The price for the following two months in (January, February) fell 87 % with regard to the previous two months. The price per sq.feet has fallen 95 % 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 $1.03 to $0.98 during March, and April.
When referring to the price in Independence (cities), this has fallen in the last 6 months. In our first sample month during November, the average price is $914. In December This price remains at $920. In the following two months the average price has hardly changed with regard to the previous two months from $917 to $879. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 89 %, going from $898 to $801.5 in March and April.
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 $848 they are 27 % more affordable than the average price for Independence . The properties with the highest average price have 1 bedroom, Their price is 32 % more expensive than the average. After that we have properties with 3 bedrooms priced at $709.
According to average price per property type in Independence, "" priced at $709 is 16 % lower than the average price ($848) in this city.