The rent prices in real estate in La Place, 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 La Place has risen strongly during the last 6 months. In May, the average price per sq.feet was $3. In the following month the price per sq.feet rose considerably to $8. The price for the following two months in (July, August) had a considerable fall of 73 with regard to the previous two months. The price per sq.feet has had a considerable rise of 250 % 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 $4.75 to $11.89 during September, and October.
When referring to the price in La Place (cities), this has risen in the last 6 months. The rent price in May is $1,026, rising in June till $1,102. In the following two months the average price has hardly changed with regard to the previous two months from $1,064 to $1,048. 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 $1,056 and $1,098.5 between September and October.
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 $1,265 they are 3 % more affordable than the average price for La Place . The properties with the lowest average price have 1 bedroom, Their price is 3 % more affordable than the average. After that we have properties with 3 bedrooms priced at $1,222.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most expensive ones at a cost of $67 / sq.feet, with an average $23.77 / sq.feet price in La Place. The properties with the most expensive average prices have 1 bedroom. They are 190 % more expensive than the average followed by properties with 3 bedrooms with a price at $67 / sq.feet.
The graph displaying the average rent prices displays the property type "Land" as the most affordable one. At an cost of $1,265 it is 5 % 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 $1,208 it is 3 % 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 $60 / sq.feet followed by "House" priced at $67 / sq.feet. "House" is the most expensive type of property with a $67 / sq.feet value followed by "Land" with an average price of $60 / sq.feet.