The average rent price in the Kansas region has had a strong fall in recent months. There has been a strong fall in the rent prices in this region.
The price per sq.feet in Kansas has fallen considerably in the last 6 months. During November, the average price per sq.feet was $5.54. The following month (December) the price had a considerable rise reaching $7.2 per sq.feet. The following two months (January, February) went through a considerable fall of 16 % in the rent price per sq.feet with regard to the previous two. In the last two months, the price per sq.feet has fallen 91 %. This has been obtained by comparing the price $3.71 for the first four months of the sample with regard to the previous 4 months and the price $3.37 per sq.feet for the last two months (March, April).
When referring to the price in Kansas(region), this has risen in the last 6 months. In the first month sample November the average price is $914. In December the price remains at $954. In the following two months the average price practically remained the same compared to the previous two going from $934 to $948.5. During the last two months the average price has not gone through any changes and has gone from $941.25 to $976.5 during March and April.
The graph displaying the the average rent price per number of bedrooms shows that those with 1 bedroom are the most affordable ones. They are 13 % cheaper than the average price in Kansas followed by those with 2 with an average price of $916. The most expensive properties have 4 bedrooms. They are 40 % more expensive than the average followed by those properties with 3 bedrooms priced at $1,098.
Based on the average price per sq.feet those properties with 3 bedrooms are the most affordable ones with a price of $0.85 / sq.feet being $1.04 / sq.feet the average for Kansas. The properties with the highest average price are those with 1 bedroom. These are 16 % more expensive than the average followed by those with 2 bedrooms with a price of $1 / sq.feet.
The graph displaying the average rent price according to the property type shows "House" as the most affordable one. With an average cost of $982 it is 2 % cheaper than the average in Kansas. This is followed by "Land" with a cost of $1,107. The most expensive property type is "Condo" and is 39 % more costly than the average, followed by "Townhouse" with a cost of $1,175.
Based upon the average cost per sq.feet the most affordable property type is "Land with a an average price of $0.8 / sq.feet, followed by "Townhouse" with a price of $0.83 / sq.feet. "Condo" with an average price of $76.01 / sq.feet is the most expensive type of property followed by "House" at a price of $1.06 / sq.feet.