The rent prices in real estate in Houma, in the Louisiana region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.feet in Houma has barely changed in the last 6 months. In May, the average price per sq.feet was $0.98. In the following month the price per sq.feet rose to $1.04. In the following two months the price per sq.feet has practically remained the same, going from $1.01 to $1 per sq.feet. The price per sq.feet has fallen 88 % 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 to $0.88 during September, and October.
When referring to the price in Houma (cities), this has fallen considerably in the last 6 months. The average price for May is $999. During June the price had a slight fall till $867. During the following two months (July, August) the average price fell 86 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 89 %, going from $868 to $775 in September and October.
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 $768 they are 9 % more affordable than the average price for Houma . The properties with the highest average price have 3 bedrooms, Their price is 33 % more expensive than the average. After that we have properties with 4 bedrooms priced at $876.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $0.78 / sq.feet, with an average $0.9 / sq.feet price in Houma. The properties with the most expensive average prices have 1 bedroom. They are 10 % more expensive than the average followed by properties with 2 bedrooms with a price at $0.79 / sq.feet.
According to average price per property type in Houma, "" priced at $876 is 14 % more expensive than the average price ($768) in this city.