The rent prices in real estate in Lancaster, in the Kentucky region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Lancaster has had a strong fall during the last 6 months. In February, the average price per sq.feet was $6. In the following month the price per sq.feet fell considerably to $3. The price for the following two months in (April, May) had a considerable fall of 67 with regard to the previous two months. The price per sq.feet has had a considerable fall of 67 % 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 $3.75 to $2.5 during June, and July.
When referring to the price in Lancaster (cities), this has risen in the last 6 months. In our first sample month during February, the average price is $787. In March This price remains at $787. In the following two months the average price has hardly changed with regard to the previous two months from $787 to $787. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 136 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 68 % more expensive than the average price of $1,321 in Lancaster. Based on the bedrooms values, properties with the most expensive rent prices are those with 1 bedroom. They are 68 % more expensive than the average aforementioned.
According to average price per property type in Lancaster, "" priced at $1,321 is 68 % more expensive than the average price ($786) in this city.