The rent prices in real estate in Murray, 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 Murray has fallen during the last 6 months. In December, the average price per sq.feet was $0.95. In the following month the price per sq.feet fell to $0.86. In the following two months the price per sq.feet has practically remained the same, going from $0.9 to $0.9 per sq.feet. The price per sq.feet has fallen 92 % 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 $0.9 to $0.83 during April, and May.
When referring to the price in Murray (cities), this has fallen considerably in the last 6 months. The average price for December is $909. During January the price had a considerable fall till $598. During the following two months (February, March) the average price fell 92 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has increased 111 % during the last two months.
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 $793 they are 24 % more affordable than the average price for Murray . The properties with the highest average price have 3 bedrooms, Their price is 70 % more expensive than the average. After that we have properties with 4 bedrooms priced at $1,017.
With regard to the average prices per sq.feet those properties with 1 bedroom are 16 % more expensive than the average price of ($1 / sq.feet) in Murray. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 16 % more expensive than the average value aforementioned.
According to average price per property type in Murray, "" priced at $1,015 is 28 % more expensive than the average price ($793) in this city.