The rent prices in real estate in Overland Park, 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 Overland Park has risen strongly during the last 6 months. In July, the average price per sq.feet was $1.13. In the following month the price per sq.feet rose to $1.21. In the following two months the price per sq.feet has practically remained the same, going from $1.17 to $1.17 per sq.feet. The price per sq.feet has had a considerable rise of 4752 % 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 $1.17 to $55.6 during November, and December.
When referring to the price in Overland Park (cities), this has fallen in the last 6 months. In our first sample month during July, the average price is $1,355. In August This price remains at $1,314. During the following two months (September, October) the average price had a considerable fall of 82 % 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 had a strong increase of 120 % 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 $1,525 they are 22 % more affordable than the average price for Overland Park . The properties with the highest average price have 4 bedrooms, Their price is 63 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,565.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.86 / sq.feet, with an average $59.3 / sq.feet price in Overland Park. The properties with the most affordable average prices have 1 bedroom. They are 37 % more affordable than the average followed by properties with 2 bedrooms with a price at $30.59 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,525 it is 23 % more affordable than the average price in Overland Park. "Apartment" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Condo". At a price of $1,609 it is 12 % 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 $1.04 / sq.feet followed by "Townhouse" priced at $10 / sq.feet. "Condo" is the most expensive type of property with a $82.1 / sq.feet value followed by "Apartment" with an average price of $55.53 / sq.feet.