The rent prices in real estate in Nicholasville, in the Kentucky 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 Nicholasville has risen strongly during the last 6 months. In October, the average price per sq.feet was $0.75. In the following month the price per sq.feet rose considerably to $1.31. The price for the following two months in (December, January) had a considerable rise of 148 %. The price per sq.feet has had a considerable fall of 74 % 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 $1.28 to $0.94 during February, and March.
When referring to the price in Nicholasville (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is $1,129. During November the price went through a considerable rise reaching $2,143. During the following two months (December, January) the average price had a considerable rise of 141 % 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 $1,973.75 to $1,425, which means a 72 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $1,286 they are 23 % more affordable than the average price for Nicholasville . The properties with the lowest average price have 1 bedroom, Their price is 23 % more affordable than the average. After that we have properties with 2 bedrooms priced at $986.
According to average price per property type in Nicholasville, "" priced at $986 is 23 % lower than the average price ($1,286) in this city.