The rent prices in real estate in Spring Hill, in the Kansas 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 Spring Hill has had a strong fall during the last 6 months. In April, the average price per sq.feet was $11. In May this price barely changed remaining at $11 per sq.feet. The price for the following two months in (June, July) had a considerable fall of 0 with regard to the previous two months. The price per sq.feet has fallen 91 % 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 $5.5 to $5 during August, and September.
When referring to the price in Spring Hill (cities), this has fallen in the last 6 months. In our first sample month during April, the average price is $967. In May This price remains at $967. During the following two months (June, July) the average price fell 90 % with regard to the previous two months. 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 $918 and $929.5 between August and September.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $966 they are 18 % more affordable than the average price for Spring Hill . The properties with the lowest average price have 2 bedrooms, Their price is 11 % more affordable than the average. After that we have properties with 1 bedroom priced at $795.
According to average price per property type in Spring Hill, "" priced at $859 is 11 % lower than the average price ($966) in this city.