The rent prices in real estate in Lancaster, in the Kentucky 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 Lancaster has fallen during the last 6 months. In April, the average price per sq.feet was $5. In May this price barely changed remaining at $5 per sq.feet. The price for the following two months in (June, July) had a considerable fall of 70 with regard to the previous two months. The price per sq.feet has had a considerable rise of 129 % 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 $4.25 to $5.5 during August, and September.
When referring to the price in Lancaster (cities), this has risen in the last 6 months. In our first sample month during April, the average price is $789. In May This price remains at $789. During the following two months (June, July) the average price had a considerable rise of 136 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $931.75 to $788, which means a 85 % fall.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 70 % more expensive than the average price of $1,341 in Lancaster. Based on the bedrooms values, properties with the most expensive rent prices are those with 1 bedroom. They are 70 % more expensive than the average aforementioned.
According to average price per property type in Lancaster, "" priced at $1,341 is 70 % more expensive than the average price ($788) in this city.