The rent prices in real estate in Kent, in the Ohio region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Kent has risen during the last 6 months. In October, the average price per sq.feet was $1.2. In the following month the price per sq.feet rose to $1.3. In the following two months the price per sq.feet has practically remained the same, going from $1.25 to $1.3 per sq.feet. The price per sq.feet has risen 107 % 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 $1.28 to $1.37 during February, and March.
When referring to the price in Kent (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $1,327. In November This price remains at $1,335. In the following two months the average price has hardly changed with regard to the previous two months from $1,331 to $1,338. 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 $1,334.5 and $1,369 between February and March.
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 $1,391 they are 23 % more affordable than the average price for Kent . The properties with the highest average price have 4 bedrooms, Their price is 52 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,878.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.25 / sq.feet, with an average $1.39 / sq.feet price in Kent. The properties with the most expensive average prices have 2 bedrooms. They are 4 % more expensive than the average followed by properties with 1 bedroom with a price at $1.39 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,391 it is 32 % more affordable than the average price in Kent. "Apartment" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Condo". At a price of $1,343 it is 2 % more expensive than the average price.
According to the average area price by sq.feet the most affordable property type is "House with an average cost of $1 / sq.feet. "House" with an average price of $1 / sq.feet has the most affordable price and would be directed at less affluent cities.