The rent prices in real estate in Junction City, 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 Junction City has had a strong fall during the last 6 months. In May, the average price per sq.feet was $2.1. In the following month the price per sq.feet rose considerably to $2.78. The price for the following two months in (July, August) fell 88 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 31 % 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 $2.3 to $0.71 during September, and October.
When referring to the price in Junction City (cities), there have hardly been any changes in the last 6 months. The average price for May is $1,015. During June the price had a slight fall till $954. In the following two months the average price has hardly changed with regard to the previous two months from $984.5 to $1,004. 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 $994.25 and $1,014.5 between September and October.
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 $1,021 they are 45 % more affordable than the average price for Junction City . The properties with the highest average price have 4 bedrooms, Their price is 32 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,020.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.67 / sq.feet, with an average $0.7 / sq.feet price in Junction City. The properties with the most expensive average prices have 1 bedroom. They are 34 % more expensive than the average followed by properties with 2 bedrooms with a price at $0.71 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $1,021 it is 12 % more affordable than the average price in Junction City. "" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "House". At a price of $1,124 it is 10 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Apartment" at an average price of $0.7 / sq.feet followed by "Condo" priced at $5 / sq.feet. "Condo" is the most expensive type of property with a $5 / sq.feet value followed by "Apartment" with an average price of $0.7 / sq.feet.