Property prices for rent in Prospect (Kentucky)
The rent prices in real estate in Prospect, in the Kentucky 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 Prospect has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1.85. In the following month the price per sq.feet fell considerably to $1.5. The price for the following two months in (December, January) fell 88 % with regard to the previous two months. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $1.58 to $1.56 during February y March
When referring to the price in Prospect (cities), this has risen in the last 6 months. The average price during our first sample month during October, is $3,556. During November the price went through a considerable rise reaching $4,219. In the following two months the average price has hardly changed with regard to the previous two months from $3,887.5 to $3,714. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $3,800.75 and $3,684 between February and March.
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 $3,739 they are 56 % more affordable than the average price for Prospect . The properties with the lowest average price have 3 bedrooms, Their price is 44 % more affordable than the average. After that we have properties with 1 bedroom priced at $1,667.
According to average price per property type in Prospect, "" priced at $2,077 is 44 % lower than the average price ($3,739) in this city.
