The rent prices in real estate in Union, 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 Union has had a strong fall during the last 6 months. In March, the average price per sq.feet was $0.88. In the following month the price per sq.feet rose considerably to $1.21. 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 fall of 0 % 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 $0.77 to during July, and August.
When referring to the price in Union (cities), this has fallen considerably in the last 6 months. The average price for March is $2,194. During April the price had a considerable fall till $1,067. In the following two months the average price has hardly changed with regard to the previous two months from $1,630.5 to $1,638.5. 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 $1,634.5 to $1,457.5 in July and August.
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 $1,273 they are 29 % more affordable than the average price for Union . The properties with the highest average price have 3 bedrooms, Their price is 25 % more expensive than the average. After that we have properties with 4 bedrooms priced at $1,257.
According to average price per property type in Union, "" priced at $1,257 is 1 % lower than the average price ($1,273) in this city.