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 October, the average price per sq.feet was $1.04. In the following month the price per sq.feet rose considerably to $8.74. The price for the following two months in (December, January) had a considerable rise of 292 %. The price per sq.feet has had a considerable fall of 25 % 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 $9.58 to $2.36 during February, and March.
When referring to the price in Kansas City (cities), this has risen in the last 6 months. The average price during our first sample month during October, is $899. During November the price went through a considerable rise reaching $1,059. During the following two months (December, January) the price has had an average rise from $979 to $1,072. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 88 %, going from $1,025.5 to $903 in February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most expensive ones. At a price of $858 they are 2 % more expensive than the average price for Kansas City. Following this ranking we find those properties with 2 at an average price of $891. The properties with the highest average price have 4 bedrooms, Their price is 102 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,276.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.02 / sq.feet, with an average $1.17 / sq.feet price in Kansas City. The properties with the most expensive average prices have 1 bedroom. They are 10 % more expensive than the average followed by properties with 3 bedrooms with a price at $1.08 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $858 it is 3 % more affordable than the average price in Kansas City. "" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "". At a price of $851 it is 77 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $1.12 / sq.feet followed by "Condo" priced at $70 / sq.feet. "Condo" is the most expensive type of property with a $70 / sq.feet value followed by "House" with an average price of $1.12 / sq.feet.