The rent prices in real estate in La Place, 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 La Place has fallen during the last 6 months. In October, the average price per sq.feet was $1.56. In November this price barely changed remaining at $1.59 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.58 to $1.51 per sq.feet. The price per sq.feet has fallen 86 % 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 $1.55 to $1.33 during February, and March.
When referring to the price in La Place (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $1,570. In November This price remains at $1,557. During the following two months (December, January) the price has had an average rise from $1,563.5 to $1,652.5. 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 $1,608 and $1,676.5 between February and March.
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 $1,671 they are 31 % more affordable than the average price for La Place . The properties with the lowest average price have 1 bedroom, Their price is 31 % more affordable than the average. After that we have properties with 3 bedrooms priced at $1,146.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most expensive ones at a cost of $29 / sq.feet, with an average $1.33 / sq.feet price in La Place. The properties with the most expensive average prices have 1 bedroom. They are 2231 % more expensive than the average followed by properties with 3 bedrooms with a price at $29 / sq.feet.
The graph displaying the average rent prices displays the property type "Land" as the most affordable one. At an cost of $1,671 it is 32 % more affordable than the average price in La Place. "House" is seen as the second most affordable property type. The most affordable property is "House" followed by "Land". At a price of $1,132 it is 31 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Land" at an average price of $22 / sq.feet followed by "House" priced at $29 / sq.feet. "House" is the most expensive type of property with a $29 / sq.feet value followed by "Land" with an average price of $22 / sq.feet.