Property prices for rent in Lauderdale (Mississippi)

The rent prices in real estate in Lauderdale, in the Mississippi region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.

$2,042
Average price last 6 months
$2.11
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Lauderdale has risen strongly during the last 6 months. In May, the average price per sq.feet was $1.61. In the following month the price per sq.feet rose considerably to $2.21. In the following two months the price per sq.feet has risen 115 %, going from $1.91 to $2.19 per sq.feet. The price per sq.feet has risen 110 % 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 $2.05 to $2.24 during September, and October.

Average price

When referring to the price in Lauderdale (cities), this has risen considerably in the last 6 months. The average price during our first sample month during May, is $1,205. During June the price went through a considerable rise reaching $2,188. During the following two months (July, August) the average price had a considerable rise of 126 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 119 % 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 $2,367 they are 17 % more affordable than the average price for Lauderdale . The properties with the highest average price have 4 bedrooms, Their price is 91 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,269.

With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.95 / sq.feet, with an average $2.21 / sq.feet price in Lauderdale. The properties with the most expensive average prices have 1 bedroom. They are 14 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.1 / 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 $2,367 it is 6 % more affordable than the average price in Lauderdale. "House" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Apartment". At a price of $2,215 it is 25 % 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 $1.8 / sq.feet followed by "Apartment" priced at $2.3 / sq.feet. "Apartment" is the most expensive type of property with a $2.3 / sq.feet value followed by "House" with an average price of $1.8 / sq.feet.

Charts data
Average price October
Average price per sq.feet October
Number of properties used in Lauderdale
Number of properties used in region Mississippi
$2,367
$2.21
2,140
9,146
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value