The rent prices in real estate in Franklinton, 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 Franklinton has had a strong fall during the last 6 months. In January, the average price per sq.feet was $1. In the following month the price per sq.feet fell considerably to . In the following two months the price per sq.feet has risen 110 %, going from $0.5 to $0.55 per sq.feet. 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 $0.52 to during May, and June.
When referring to the price in Franklinton (cities), this has fallen considerably in the last 6 months. The average price for January is $1,523. During February the price had a considerable fall till $458. During the following two months (March, April) the average price fell 89 % 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 $934.75 to $458.5, which means a 49 % 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 $459 they are 6 % more affordable than the average price for Franklinton . The properties with the lowest average price have 1 bedroom, Their price is 5 % more affordable than the average. After that we have properties with 2 bedrooms priced at $432.
According to average price per property type in Franklinton, "" priced at $432 is 6 % lower than the average price ($459) in this city.