The rent prices in real estate in Geismar, 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 Geismar has risen strongly during the last 6 months. In March, the average price per sq.feet was . In the following month the price per sq.feet rose considerably to $1.05. In the following two months the price per sq.feet has risen 110 %, going from $0.52 to $0.58 per sq.feet. The price per sq.feet has had a considerable rise of 220 % 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 $0.55 to $1.22 during July, and August.
When referring to the price in Geismar (cities), this has risen considerably in the last 6 months. The average price during our first sample month during March, is $1,763. During April the price went through a considerable rise reaching $2,150. During the following two months (May, June) the price has had an average rise from $1,956.5 to $2,091.5. Based on an analysis of the first four prices and the last two months the average price has increased 111 % during the last two months.
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 $2,180 they are 16 % more affordable than the average price for Geismar . The properties with the lowest average price have 2 bedrooms, Their price is 15 % more affordable than the average. After that we have properties with 1 bedroom priced at $1,832.
According to average price per property type in Geismar, "" priced at $1,861 is 15 % lower than the average price ($2,180) in this city.