The rent prices in real estate in Kansas 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 Kansas City has risen strongly during the last 6 months. In November, the average price per sq.feet was $1.03. In the following month the price per sq.feet rose considerably to $1.23. In the following two months the price per sq.feet has risen 112 %, going from $1.13 to $1.27 per sq.feet. The price per sq.feet has risen 106 % 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 $1.2 to $1.27 during March, and April.
When referring to the price in Kansas City (cities), this has risen considerably in the last 6 months. The average price during our first sample month during November, is $895. During December the price went through a considerable rise reaching $1,053. During the following two months (January, February) the price has had an average rise from $974 to $1,073. Based on an analysis of the first four prices and the last two months the average price has increased 108 % during the last two months.
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 $1,096 they are 18 % more affordable than the average price for Kansas City . The properties with the highest average price have 4 bedrooms, Their price is 74 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,361.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.12 / sq.feet, with an average $1.27 / sq.feet price in Kansas City. The properties with the most expensive average prices have 1 bedroom. They are 5 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.23 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,096 it is 25 % more affordable than the average price in Kansas City. "House" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "House". At a price of $944 it is 8 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $1.15 / sq.feet followed by "House" priced at $1.23 / sq.feet. "House" is the most affordable type of property with a $1.23 / sq.feet value followed by "Condo" with an average price of $1.15 / sq.feet.