The rent prices in real estate in Jennings, 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 Jennings has had a strong fall during the last 6 months. In March, the average price per sq.feet was $250.76. In the following month the price per sq.feet fell considerably to $0.81. The price for the following two months in (May, June) had a considerable fall of 0 with regard to the previous two months. The price per sq.feet has had a considerable fall of 2 % 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 $62.89 to $1 during July, and August.
When referring to the price in Jennings (cities), this has fallen considerably in the last 6 months. The average price for March is $1,785. During April the price had a considerable fall till $1,135. During the following two months (May, June) the average price had a considerable fall of 57 % 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 increased 110 % 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 $1,304 they are 67 % more affordable than the average price for Jennings . The properties with the lowest average price have 3 bedrooms, Their price is 2 % more affordable than the average. After that we have properties with 1 bedroom priced at $1,205.
According to average price per property type in Jennings, "" priced at $432 is 67 % lower than the average price ($1,304) in this city.