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 September, the average price per sq.feet was $1.07. In the following month the price per sq.feet fell considerably to . The price for the following two months in (November, December) fell 89 % with regard to the previous two months. The price per sq.feet has risen 114 % 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 $0.5 to $0.57 during January, and February.
When referring to the price in Franklinton (cities), this has fallen in the last 6 months. The rent price in September is $1,300, rising in October till $1,479. During the following two months (November, December) the average price had a considerable fall of 56 % 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 130 % 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 $1,313 they are 69 % more affordable than the average price for Franklinton . The properties with the lowest average price have 1 bedroom, Their price is 68 % more affordable than the average. After that we have properties with 2 bedrooms priced at $412.
According to average price per property type in Franklinton, "" priced at $412 is 69 % lower than the average price ($1,313) in this city.