Property prices for rent in Lafayette (Louisiana)
The rent prices in real estate in Lafayette, 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 Lafayette has fallen during the last 6 months. In October, the average price per sq.feet was $1.29. In November this price barely changed remaining at $1.24 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.26 to $1.24 per sq.feet. The price per sq.feet has fallen 94 % 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 $1.25 to $1.18 during February, and March.
When referring to the price in Lafayette (cities), there have hardly been any changes in the last 6 months. The rent price in October is $1,258, rising in November till $1,333. In the following two months the average price has hardly changed with regard to the previous two months from $1,295.5 to $1,278. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 93 %, going from $1,286.75 to $1,201.5 in February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $1,217 they are 22 % more affordable than the average price for Lafayette . The properties with the highest average price have 4 bedrooms, Their price is 100 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,685.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most expensive ones at a cost of $1.13 / sq.feet, with an average $1.12 / sq.feet price in Lafayette. The properties with the most expensive average prices have 1 bedroom. They are 24 % more expensive than the average followed by properties with 4 bedrooms with a price at $1.16 / sq.feet.
The graph displaying the average rent prices displays the property type "Land" as the most affordable one. At an cost of $1,217 it is 21 % more affordable than the average price in Lafayette. "" is seen as the second most affordable property type. The most expensive property type is "Detached House" followed by "House". At a price of $1,710 it is 106 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Detached House" at an average price of $1 / sq.feet followed by "Land" priced at $1.09 / sq.feet. "Condo" is the most expensive type of property with a $1.58 / sq.feet value followed by "House" with an average price of $1.2 / sq.feet.
