The rent prices in real estate in Gramercy, in the Louisiana region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Gramercy has fallen during the last 6 months. In May, the average price per sq.feet was $5. In June this price barely changed remaining at $5 per sq.feet. The price for the following two months in (July, August) fell 90 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 84 % 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 $4.75 to $4 during September, and October.
When referring to the price in Gramercy (cities), there have hardly been any changes in the last 6 months. In our first sample month during May, the average price is $9,030. In June This price remains at $9,030. In the following two months the average price has hardly changed with regard to the previous two months from $9,030 to $9,025. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $9,027.5 and $9,020 between September and October.
The graph displaying the average rent price for bedrooms illustrates that those properties with 3 bedrooms are the most affordable ones. At a price of $9,020 they are 2 % more affordable than the average price for Gramercy . The properties with the highest average price have 1 bedroom, Their price is 32 % more expensive than the average. After that we have properties with 3 bedrooms priced at $8,850.
According to average price per property type in Gramercy, "" priced at $8,850 is 2 % lower than the average price ($9,020) in this city.