The rent prices in real estate in Madisonville, 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.
The price per sq.feet in Madisonville has risen strongly during the last 6 months. In December, the average price per sq.feet was $1.01. In the following month the price per sq.feet fell considerably to . The price for the following two months in (February, March) had a considerable rise of 13069 %. The price per sq.feet has had a considerable rise of 141 % 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 $33.25 to $47 during April, and May.
When referring to the price in Madisonville (cities), this has risen considerably in the last 6 months. The average price during our first sample month during December, is $1,865. During January the price went through a considerable rise reaching $2,160. During the following two months (February, March) the average price had a considerable rise of 115 % with regard to the previous two months. 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 $2,165.5 and $2,238 between April and May.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $2,238 they are 5 % more affordable than the average price for Madisonville . The properties with the lowest average price have 1 bedroom, Their price is 1 % more affordable than the average. After that we have properties with 2 bedrooms priced at $2,118.
With regard to the average prices per sq.feet those properties with 1 bedroom are 23 % more affordable than the average price of ($36 / sq.feet) in Madisonville. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 23 % more affordable than the average value aforementioned.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,238 it is 5 % more affordable than the average price in Madisonville. "Townhouse" is seen as the second most affordable property type. The most expensive property type is "Townhouse" followed by "". At a price of $2,118 it is 5 % more expensive than the average price.
According to the average area price by sq.feet the most expensive property type is "Townhouse with an average cost of $63 / sq.feet. "Townhouse" at an average price of $63 / sq.feet has the highest price and would be directed at more affluent cities.