Property prices for rent in Russell Springs (Kentucky)
The rent prices in real estate in Russell Springs, 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 Russell Springs has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1. In the following month the price per sq.feet fell considerably to . The price for the following two months in (December, January) had a considerable rise of 138 %. The price per sq.feet has had a considerable rise of 232 % 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 $0.6 to $1.38 during February, and March.
When referring to the price in Russell Springs (cities), there have hardly been any changes in the last 6 months. The average price during our first sample month during October, is $806. During November the price went through a considerable rise reaching $1,124. During the following two months (December, January) the average price had a considerable fall of 69 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 89 %, going from $817.5 to $726 in February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $726 they are 20 % more affordable than the average price for Russell Springs . The properties with the highest average price have 1 bedroom, Their price is 6 % more expensive than the average. After that we have properties with 2 bedrooms priced at $585.
With regard to the average prices per sq.feet those properties with 1 bedroom are 12 % more expensive than the average price of ($1.54 / sq.feet) in Russell Springs. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 12 % more expensive than the average value aforementioned.
According to average price per property type in Russell Springs, "" priced at $580 is 20 % lower than the average price ($726) in this city.
