Property prices for rent in Baton Rouge (Louisiana)
The rent prices in real estate in Baton Rouge, in the Louisiana 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 Baton Rouge has risen strongly during the last 6 months. In September, the average price per sq.feet was $1.09. In October this price barely changed remaining at $1.1 per sq.feet. The price for the following two months in (November, December) had a considerable rise of 524 %. The price per sq.feet has had a considerable rise of 679 % 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 $3.41 to $23.18 during January, and February.
When referring to the price in Baton Rouge (cities), this has risen in the last 6 months. In our first sample month during September, the average price is $1,023. In October This price remains at $1,052. During the following two months (November, December) the price has had an average rise from $1,037.5 to $1,120. Based on an analysis of the first four prices and the last two months the average price has increased 109 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $1,155 they are 4 % more affordable than the average price for Baton Rouge . The properties with the highest average price have 4 bedrooms, Their price is 71 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,501.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.95 / sq.feet, with an average $32.84 / sq.feet price in Baton Rouge. The properties with the most expensive average prices have 1 bedroom. They are 60 % more expensive than the average followed by properties with 2 bedrooms with a price at $33.57 / sq.feet.
The graph displaying the average rent prices displays the property type "Townhouse" as the most affordable one. At an cost of $1,155 it is 20 % more affordable than the average price in Baton Rouge. "House" is seen as the second most affordable property type. The most expensive property type is "" followed by "Condo". At a price of $1,350 it is 51 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $0.98 / sq.feet followed by "Townhouse" priced at $22.74 / sq.feet. "House" is the most affordable type of property with a $28.69 / sq.feet value followed by "Townhouse" with an average price of $22.74 / sq.feet.
