The rent prices in real estate in Folsom, 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 Folsom has risen strongly during the last 6 months. In February, the average price per sq.feet was $0.91. In the following month the price per sq.feet rose considerably to $1.07. The price for the following two months in (April, May) had a considerable rise of 444 %. The price per sq.feet has had a considerable rise of 649 % 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 $2.7 to $17.5 during June, and July.
When referring to the price in Folsom (cities), this has fallen considerably in the last 6 months. The average price for February is $1,950. During March the price had a slight fall till $1,667. During the following two months (April, May) the average price had a considerable rise of 119 % 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 $1,983 to $1,148.5, which means a 58 % fall.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 3 % more affordable than the average price of $855 in Folsom. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 3 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 91 % more affordable than the average price of ($3 / sq.feet) in Folsom. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 91 % more affordable than the average value aforementioned.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $884 it is 3 % more affordable than the average price in Folsom. "" is seen as the second most affordable property type. The most expensive property type is "" followed by "House". At a price of $855 it is 86 % more expensive than the average price.
According to the average area price by sq.feet the most affordable property type is "House with an average cost of $3 / sq.feet. "House" with an average price of $3 / sq.feet has the most affordable price and would be directed at less affluent cities.