The rent prices in real estate in Long Beach, 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.
The price per sq.feet in Long Beach has had a strong fall during the last 6 months. In November, the average price per sq.feet was $1.29. In the following month the price per sq.feet fell considerably to $1.01. In the following two months the price per sq.feet has practically remained the same, going from $1.15 to $1.1 per sq.feet. The price per sq.feet has had a considerable fall of 0 % 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 $1.12 to during March, and April.
When referring to the price in Long Beach (cities), this has risen considerably in the last 6 months. The average price during our first sample month during November, is $816. During December the price went through a considerable rise reaching $1,135. In the following two months the average price has hardly changed with regard to the previous two months from $975.5 to $986.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $981 and $948.5 between March and April.
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 $888 they are 10 % more affordable than the average price for Long Beach . The properties with the highest average price have 4 bedrooms, Their price is 113 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,085.
According to average price per property type in Long Beach, "" priced at $801 is 10 % lower than the average price ($888) in this city.