The rent prices in real estate in Denham Springs, 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 Denham Springs has risen strongly during the last 6 months. In June, the average price per sq.feet was $0.96. In the following month the price per sq.feet rose to $1.03. The price for the following two months in (August, September) had a considerable rise of 5882 %. The price per sq.feet has had a considerable fall of 34 % 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 $29.76 to $10.01 during October, and November.
When referring to the price in Denham Springs (cities), this has risen in the last 6 months. In our first sample month during June, the average price is $1,255. In July This price remains at $1,240. During the following two months (August, September) the average price had a considerable rise of 118 % 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 $1,362 and $1,352 between October and November.
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 $1,377 they are 35 % more affordable than the average price for Denham Springs . The properties with the highest average price have 4 bedrooms, Their price is 55 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,463.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $1.04 / sq.feet price in Denham Springs. The properties with the most expensive average prices have 1 bedroom. They are 15 % more expensive than the average followed by properties with 4 bedrooms with a price at $1.11 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,377 it is 15 % more affordable than the average price in Denham Springs. "Apartment" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Condo". At a price of $1,514 it is 39 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Apartment" at an average price of $0.99 / sq.feet followed by "House" priced at $1.15 / sq.feet. "Condo" is the most expensive type of property with a $95 / sq.feet value followed by "House" with an average price of $1.15 / sq.feet.