The rent prices in real estate in Jennings, 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 Jennings has risen strongly during the last 6 months. In October, the average price per sq.feet was $0.98. In November this price barely changed remaining at $0.94 per sq.feet. The price for the following two months in (December, January) had a considerable rise of 20927 %. The price per sq.feet has had a considerable rise of 125 % 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 $100.93 to $125.89 during February, and March.
When referring to the price in Jennings (cities), this has risen considerably in the last 6 months. The average price for October is $890. During November the price had a slight fall till $803. During the following two months (December, January) the average price had a considerable rise of 177 % 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 132 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $1,785 they are 76 % more affordable than the average price for Jennings . The properties with the lowest average price have 3 bedrooms, Their price is 28 % more affordable than the average. After that we have properties with 1 bedroom priced at $1,215.
With regard to the average prices per sq.feet those properties with 1 bedroom are 100 % more affordable than the average price of ($1 / sq.feet) in Jennings. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 100 % more affordable than the average value aforementioned.
According to average price per property type in Jennings, "" priced at $437 is 76 % lower than the average price ($1,785) in this city.