The rent prices in real estate in Lees Summit, in the Missouri 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 Lees Summit has risen strongly during the last 6 months. In February, the average price per sq.feet was $5.46. In the following month the price per sq.feet rose considerably to $13.56. The price for the following two months in (April, May) had a considerable rise of 139 %. The price per sq.feet has fallen 91 % 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 $11.35 to $10.28 during June, and July.
When referring to the price in Lees Summit (cities), this has risen in the last 6 months. In our first sample month during February, the average price is $1,220. In March This price remains at $1,272. In the following two months the average price has hardly changed with regard to the previous two months from $1,246 to $1,277.5. 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 $1,261.75 and $1,296.5 between June and July.
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 $1,267 they are 24 % more affordable than the average price for Lees Summit . The properties with the highest average price have 4 bedrooms, Their price is 62 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,465.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $6.24 / sq.feet, with an average $10.01 / sq.feet price in Lees Summit. The properties with the most expensive average prices have 1 bedroom. They are 65 % more expensive than the average followed by properties with 2 bedrooms with a price at $13.27 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $1,267 it is 13 % 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 "Condo". At a price of $1,330 it is 33 % 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 $6.62 / sq.feet followed by "Condo" priced at $7.89 / sq.feet. "Apartment" is the most expensive type of property with a $17.91 / sq.feet value followed by "Condo" with an average price of $7.89 / sq.feet.