The rent prices in real estate in Lenexa, in the Kansas 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 Lenexa has risen strongly during the last 6 months. In October, the average price per sq.feet was $1.24. In the following month the price per sq.feet rose considerably to $61.02. The price for the following two months in (December, January) had a considerable rise of 179 %. The price per sq.feet has had a considerable fall of 81 % 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 $43.45 to $35.31 during February, and March.
When referring to the price in Lenexa (cities), this has risen in the last 6 months. The rent price in October is $1,342, rising in November till $1,530. During the following two months (December, January) the price has had an average rise from $1,436 to $1,559.5. 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 $1,497.75 and $1,479.5 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 $1,411 they are 21 % more affordable than the average price for Lenexa . The properties with the highest average price have 4 bedrooms, Their price is 60 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,695.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.12 / sq.feet, with an average $20.61 / sq.feet price in Lenexa. The properties with the most affordable average prices have 2 bedrooms. They are 57 % more affordable than the average followed by properties with 1 bedroom with a price at $4.19 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $1,411 it is 1 % more affordable than the average price in Lenexa. "" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "". At a price of $1,556 it is 25 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "Apartment" at an average price of $27 / sq.feet followed by "Condo" priced at $115 / sq.feet. "Condo" is the most expensive type of property with a $115 / sq.feet value followed by "Apartment" with an average price of $27 / sq.feet.