Property prices for rent in Lauderdale (Mississippi)

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

$11,084.33
Average price last 6 months
$12.5
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Lauderdale has had a strong fall during the last 6 months. In February, the average price per sq.feet was $38.35. In the following month the price per sq.feet fell considerably to $28.98. The price for the following two months in (April, May) had a considerable fall of 5 with regard to the previous two months. The price per sq.feet has had a considerable fall of 12 % 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 $17.66 to $2.2 during June, and July.

Average price

When referring to the price in Lauderdale (cities), this has fallen considerably in the last 6 months. The average price for February is $34,491. During March the price had a considerable fall till $25,107. During the following two months (April, May) the average price had a considerable fall of 4 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $15,550.5 to $2,152, which means a 14 % fall.

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 $2,116 they are 12 % more affordable than the average price for Lauderdale . The properties with the highest average price have 4 bedrooms, Their price is 128 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,334.

With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.83 / sq.feet, with an average $2.19 / sq.feet price in Lauderdale. The properties with the most expensive average prices have 1 bedroom. They are 6 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.1 / sq.feet.

Price per property type

With regard to the average price based upon the property in Lauderdale we can see that the most affordable property type is "Apartment" at a price of $1,188, they are 44 % cheaper than the average price of (!PRECIO2!). "Apartment" has the most affordable price. This price is 44 % more affordable than the average price aforementioned.

According to the average area price by sq.feet the most affordable property type is "Apartment with an average cost of $1.52 / sq.feet. "Apartment" with an average price of $1.52 / sq.feet has the most affordable price and would be directed at less affluent cities.

Charts data
Average price July
Average price per sq.feet July
Number of properties used in Lauderdale
Number of properties used in region Mississippi
$2,116
$2.19
1,082
6,590
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value