The rent prices in real estate in Versailles, 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 Versailles has risen strongly during the last 6 months. In October, the average price per sq.feet was $1.1. In the following month the price per sq.feet rose to $1.23. In the following two months the price per sq.feet has risen 110 %, going from $1.16 to $1.28 per sq.feet. The price per sq.feet has risen 108 % 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 $1.22 to $1.32 during February, and March.
When referring to the price in Versailles (cities), this has fallen considerably in the last 6 months. The average price for October is $2,210. During November the price had a considerable fall till $1,372. During the following two months (December, January) the average price fell 86 % 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 $1,667.75 and $1,621.5 between February and March.
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 $1,768 they are 62 % more affordable than the average price for Versailles . The properties with the lowest average price have 2 bedrooms, Their price is 41 % more affordable than the average. After that we have properties with 1 bedroom priced at $668.
According to average price per property type in Versailles, "" priced at $1,035 is 41 % lower than the average price ($1,768) in this city.