The rent prices in real estate in La Place, 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 La Place has had a strong fall during the last 6 months. In January, the average price per sq.feet was $9. In the following month the price per sq.feet fell considerably to $0.99. The price for the following two months in (March, April) had a considerable fall of 10 with regard to the previous two months. The price per sq.feet has had a considerable rise of 200 % 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 $2.74 to $5.5 during May, and June.
When referring to the price in La Place (cities), this has fallen in the last 6 months. The average price for January is $1,166. During February the price had a considerable fall till $933. In the following two months the average price has hardly changed with regard to the previous two months from $1,049.5 to $1,086.5. 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 $1,068 and $1,064 between May and June.
The graph displaying the average rent price for bedrooms illustrates that those properties with 3 bedrooms are the most expensive ones. At a price of $1,102 they are 11 % more expensive than the average price for La Place. Following this ranking we find those properties with 1 at an average price of $1,224. The properties with the highest average price have 1 bedroom, Their price is 11 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,220.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most expensive ones at a cost of $66 / sq.feet, with an average $8 / sq.feet price in La Place. The properties with the most expensive average prices have 1 bedroom. They are 750 % more expensive than the average followed by properties with 3 bedrooms with a price at $66 / sq.feet.
The graph displaying the average rent prices displays the property type "Condo" as the most expensive one. At an cost of $1,102 it is 10 % more expensive than the average price in La Place. "Land" is seen as the second most expensive property type. The most expensive property type is "Land" followed by "Condo". At a price of $1,216 it is 11 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "Condo" at an average price of $64 / sq.feet followed by "Land" priced at $66 / sq.feet. "Land" is the most expensive type of property with a $66 / sq.feet value followed by "Condo" with an average price of $64 / sq.feet.