Property prices for rent in Prospect (Kentucky)

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.

$6,077
Average price last 6 months
$2.75
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Prospect has risen strongly during the last 6 months. In July, the average price per sq.feet was $1.12. In the following month the price per sq.feet rose considerably to $7.36. The price for the following two months in (September, October) had a considerable fall of 61 with regard to the previous two months. The price per sq.feet has had a considerable fall of 42 % 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 $3.41 to $1.42 during November, and December.

Average price

When referring to the price in Prospect (cities), this has risen considerably in the last 6 months. The average price during our first sample month during July, is $2,720. During August the price went through a considerable rise reaching $18,704. During the following two months (September, October) the average price had a considerable fall of 50 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $8,015.75 to $2,199.5, which means a 27 % fall.

Average price per bedrooms

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 $2,444 they are 11 % more affordable than the average price for Prospect . The properties with the lowest average price have 1 bedroom, Their price is 3 % more affordable than the average. After that we have properties with 2 bedrooms priced at $2,179.

Price per property type

According to average price per property type in Prospect, "" priced at $2,179 is 11 % lower than the average price ($2,444) in this city.

Charts data
Average price December
Average price per sq.feet December
Number of properties used in Prospect
Number of properties used in region Kentucky
$2,444
$1.38
82
25,162
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value