The rent prices in real estate in Bay Saint Louis, in the Mississippi 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 Bay Saint Louis has had a strong fall during the last 6 months. In November, the average price per sq.feet was $351.89. In the following month the price per sq.feet fell considerably to $2.43. The price for the following two months in (January, February) had a considerable fall of 80 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 $159.21 to $0.65 during March, and April.
When referring to the price in Bay Saint Louis (cities), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $1,548. In December This price remains at $1,554. During the following two months (January, February) the average price had a considerable fall of 71 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $1,324.75 to $1,038.5, which means a 78 % fall.
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 $1,067 they are 30 % more affordable than the average price for Bay Saint Louis . Based on the bedrooms values, properties with the most expensive rent prices are those with 1 bedroom. They are 16 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 194 % more expensive than the average price of ($2 / sq.feet) in Bay Saint Louis. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 194 % more expensive than the average value aforementioned.