The rent prices in real estate in Kingman, in the Arizona 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 Kingman has risen strongly during the last 6 months. In March, the average price per sq.feet was . In the following month the price per sq.feet rose considerably to $0.87. In the following two months the price per sq.feet has risen 106 %, going from $0.44 to $0.46 per sq.feet. The price per sq.feet has had a considerable rise of 217 % 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 $0.45 to $0.97 during July, and August.
When referring to the price in Kingman (cities), this has risen considerably in the last 6 months. The average price for March is $914. During April the price had a slight fall till $830. During the following two months (May, June) the average price had a considerable rise of 135 % 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 $1,025.25 and $1,042 between July and August.
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 $1,028 they are 38 % more affordable than the average price for Kingman . The properties with the lowest average price have 3 bedrooms, Their price is 8 % more affordable than the average. After that we have properties with 4 bedrooms priced at $807.
With regard to the average prices per sq.feet those properties with 4 bedrooms are 2477 % more expensive than the average price of ($25 / sq.feet) in Kingman. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 4 bedrooms. They are 2477 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Farm" as the most affordable one. At an cost of $1,028 it is 23 % more affordable than the average price in Kingman. "House" is seen as the second most affordable property type. The most affordable property is "Land" followed by "Condo". At a price of $820 it is 20 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Farm" at an average price of $9 / sq.feet followed by "Condo" priced at $11 / sq.feet. "House" is the most expensive type of property with a $25 / sq.feet value followed by "Land" with an average price of $16 / sq.feet.