The rent prices in real estate in Lauderdale, in the Mississippi region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Lauderdale has risen during the last 6 months. In October, the average price per sq.feet was $1.74. In the following month the price per sq.feet rose to $1.89. In the following two months the price per sq.feet has practically remained the same, going from $1.82 to $1.86 per sq.feet. The price per sq.feet has risen 111 % 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 $1.84 to $2.03 during February, and March.
When referring to the price in Lauderdale (cities), this has risen in the last 6 months. In our first sample month during October, the average price is $1,393. In November This price remains at $1,455. In the following two months the average price has hardly changed with regard to the previous two months from $1,424 to $1,438.5. Based on an analysis of the first four prices and the last two months the average price has increased 111 % during the last two months.
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 $1,583 they are 20 % more affordable than the average price for Lauderdale . The properties with the highest average price have 4 bedrooms, Their price is 204 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,175.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.88 / sq.feet, with an average $2.01 / sq.feet price in Lauderdale. The properties with the most expensive average prices have 3 bedrooms. They are 8 % more expensive than the average followed by properties with 1 bedroom with a price at $2.03 / sq.feet.
According to average price per property type in Lauderdale, "" priced at $2,155 is 36 % more expensive than the average price ($1,583) in this city.