Property prices for rent in Lafayette (Louisiana)

The rent prices in real estate in Lafayette, 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.

$1,000
Average price last 6 months
$2.25
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Lafayette has risen strongly during the last 6 months. In December, the average price per sq.feet was $0.99. In the following month the price per sq.feet fell to $0.94. The price for the following two months in (February, March) had a considerable rise of 172 %. The price per sq.feet has had a considerable rise of 315 % 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 $1.31 to $4.12 during April, and May.

Average price

When referring to the price in Lafayette (cities), there have hardly been any changes in the last 6 months. The average price for December is $976. During January the price had a slight fall till $904. During the following two months (February, March) the price has had an average rise from $940 to $1,012.5. Based on an analysis of the first four prices and the last two months the average price has increased 107 % during the last two months.

Average price per bedrooms

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 $1,028 they are 30 % more affordable than the average price for Lafayette . The properties with the highest average price have 4 bedrooms, Their price is 74 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,239.

With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $3.6 / sq.feet, with an average $4.34 / sq.feet price in Lafayette. The properties with the most affordable average prices have 4 bedrooms. They are 3 % more affordable than the average followed by properties with 3 bedrooms with a price at $3.93 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $1,028 it is 13 % more affordable than the average price in Lafayette. "" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Condo". At a price of $1,106 it is 18 % more expensive than the average price.

According to the average cost per sq.feet, the most affordable property is "House" at an average price of $2.57 / sq.feet followed by "Apartment" priced at $4.93 / sq.feet. "Condo" is the most expensive type of property with a $5.5 / sq.feet value followed by "Apartment" with an average price of $4.93 / sq.feet.

Charts data
Average price May
Average price per sq.feet May
Number of properties used in Lafayette
Number of properties used in region Louisiana
$1,028
$4.34
4,936
50,784
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
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 1
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 1
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 1
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