The rent prices in real estate in Lees Summit, in the Missouri 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 Lees Summit has fallen during the last 6 months. In October, the average price per sq.feet was $1.5. In November this price barely changed remaining at $1.47 per sq.feet. The price for the following two months in (December, January) fell 91 % with regard to the previous two months. The price per sq.feet has fallen 93 % 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 $1.41 to $1.32 during February, and March.
When referring to the price in Lees Summit (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $1,599. In November This price remains at $1,603. In the following two months the average price has hardly changed with regard to the previous two months from $1,601 to $1,571. 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 $1,586 and $1,558.5 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 $1,540 they are 41 % more affordable than the average price for Lees Summit . The properties with the highest average price have 4 bedrooms, Their price is 100 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,794.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.24 / sq.feet, with an average $1.35 / sq.feet price in Lees Summit. The properties with the most expensive average prices have 1 bedroom. They are 19 % more expensive than the average followed by properties with 3 bedrooms with a price at $1.4 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $1,540 it is 26 % more affordable than the average price in Lees Summit. "" is seen as the second most affordable property type. The most expensive property type is "House" followed by "". At a price of $1,523 it is 39 % 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 $1.32 / sq.feet followed by "Apartment" priced at $1.36 / sq.feet. "Apartment" is the most expensive type of property with a $1.36 / sq.feet value followed by "House" with an average price of $1.32 / sq.feet.