The rent prices in real estate in Kansas City, 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 Kansas City has fallen during the last 6 months. In September, the average price per sq.feet was $1.46. In October this price barely changed remaining at $1.44 per sq.feet. The price for the following two months in (November, December) fell 86 % with regard to the previous two months. The price per sq.feet has fallen 94 % 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 $1.35 to $1.27 during January, and February.
When referring to the price in Kansas City (cities), this has fallen in the last 6 months. In our first sample month during September, the average price is $1,221. In October This price remains at $1,173. During the following two months (November, December) the average price had a considerable fall of 83 % with regard to the previous two months. 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 $1,095 and $1,082.5 between January and February.
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 $1,117 they are 19 % more affordable than the average price for Kansas City . The properties with the highest average price have 4 bedrooms, Their price is 96 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,497.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.17 / sq.feet, with an average $1.29 / sq.feet price in Kansas City. The properties with the most expensive average prices have 1 bedroom. They are 7 % more expensive than the average followed by properties with 3 bedrooms with a price at $1.22 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,117 it is 27 % 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 "Detached House" followed by "Condo". At a price of $1,332 it is 48 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Detached House" at an average price of $1 / sq.feet followed by "Condo" priced at $1.01 / sq.feet. "Land" is the most expensive type of property with a $1.4 / sq.feet value followed by "House" with an average price of $1.28 / sq.feet.