The rent prices in real estate in Prairie Village, in the Kansas region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Prairie Village has had a strong fall during the last 6 months. In June, the average price per sq.feet was $11.31. In the following month the price per sq.feet rose to $12.04. The price for the following two months in (August, September) had a considerable fall of 10 with regard to the previous two months. The price per sq.feet has had a considerable fall of 19 % 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 $6.44 to $1.24 during October, and November.
When referring to the price in Prairie Village (cities), there have hardly been any changes in the last 6 months. In our first sample month during June, the average price is $1,080. In July This price remains at $1,035. In the following two months the average price has hardly changed with regard to the previous two months from $1,057.5 to $1,069.5. Based on an analysis of the first four prices and the last two months the average price has increased 115 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 3 bedrooms are the most affordable ones. At a price of $1,364 they are 13 % more affordable than the average price for Prairie Village . The properties with the highest average price have 4 bedrooms, Their price is 33 % more expensive than the average. After that we have properties with 1 bedroom priced at $1,239.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.13 / sq.feet, with an average $1.28 / sq.feet price in Prairie Village. The properties with the most expensive average prices have 1 bedroom. They are 29 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.22 / sq.feet.
According to average price per property type in Prairie Village, "" priced at $951 is 30 % lower than the average price ($1,364) in this city.