The rent prices in real estate in Prospect, 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 Prospect has risen strongly during the last 6 months. In March, the average price per sq.feet was $1.3. In April this price barely changed remaining at $1.29 per sq.feet. The price for the following two months in (May, June) had a considerable fall of 48 with regard to the previous two months. The price per sq.feet has had a considerable rise of 443 % 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 $0.96 to $4.24 during July, and August.
When referring to the price in Prospect (cities), this has risen considerably in the last 6 months. In our first sample month during March, the average price is $3,065. In April This price remains at $2,998. During the following two months (May, June) the average price had a considerable fall of 80 % 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 393 % 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 $18,704 they are 88 % more affordable than the average price for Prospect . The properties with the lowest average price have 1 bedroom, Their price is 87 % more affordable than the average. After that we have properties with 2 bedrooms priced at $2,191.
According to average price per property type in Prospect, "" priced at $2,191 is 88 % lower than the average price ($18,704) in this city.