Property prices for rent in Folsom (Louisiana)
The rent prices in real estate in Folsom, in the Louisiana 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 Folsom has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1.85. In the following month the price per sq.feet fell considerably to $1.37. The price for the following two months in (December, January) had a considerable fall of 82 with regard to the previous two months. The price per sq.feet has had a considerable fall of 48 % 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 $1.46 to $0.7 during February, and March.
When referring to the price in Folsom (cities), this has fallen in the last 6 months. The average price for October is $1,942. During November the price had a slight fall till $1,683. During the following two months (December, January) the average price had a considerable fall of 84 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 120 % 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 $1,925 they are 56 % more affordable than the average price for Folsom . The properties with the lowest average price have 1 bedroom, Their price is 56 % more affordable than the average. After that we have properties with 2 bedrooms priced at $840.
According to average price per property type in Folsom, "" priced at $840 is 56 % lower than the average price ($1,925) in this city.
