The rent prices in real estate in Prairie Village, 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 Prairie Village has risen strongly during the last 6 months. In November, the average price per sq.feet was $1.14. In December this price barely changed remaining at $1.14 per sq.feet. In the following two months the price per sq.feet has risen 108 %, going from $1.14 to $1.24 per sq.feet. The price per sq.feet has had a considerable rise of 125 % 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 $1.19 to $1.49 during March, and April.
When referring to the price in Prairie Village (cities), this has risen considerably in the last 6 months. In our first sample month during November, the average price is $1,228. In December This price remains at $1,285. During the following two months (January, February) the price has had an average rise from $1,256.5 to $1,394.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 118 % during the last two months.
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 $1,600 they are 28 % more affordable than the average price for Prairie Village . The properties with the highest average price have 4 bedrooms, Their price is 45 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,024.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.23 / sq.feet, with an average $1.48 / sq.feet price in Prairie Village. The properties with the most expensive average prices have 1 bedroom. They are 32 % more expensive than the average followed by properties with 3 bedrooms with a price at $1.51 / sq.feet.
According to average price per property type in Prairie Village, "" priced at $1,157 is 28 % lower than the average price ($1,600) in this city.