The rent prices in real estate in Mandeville, in the Louisiana region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Mandeville has fallen during the last 6 months. In October, the average price per sq.feet was $1.62. In November this price barely changed remaining at $1.64 per sq.feet. The price for the following two months in (December, January) fell 91 % with regard to the previous two months. The price per sq.feet has fallen 88 % 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 $1.56 to $1.37 during February, and March.
When referring to the price in Mandeville (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $1,965. In November This price remains at $1,887. In the following two months the average price has hardly changed with regard to the previous two months from $1,926 to $1,941.5. 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 $1,933.75 and $1,858.5 between February and March.
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 $1,816 they are 31 % more affordable than the average price for Mandeville . The properties with the highest average price have 4 bedrooms, Their price is 77 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,005.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.23 / sq.feet, with an average $1.36 / sq.feet price in Mandeville. The properties with the most expensive average prices have 1 bedroom. They are 20 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.52 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $1,816 it is 32 % more affordable than the average price in Mandeville. "Condo" is seen as the second most affordable property type. The most expensive property type is "" followed by "House". At a price of $1,993 it is 48 % 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 $1.34 / sq.feet followed by "Apartment" priced at $1.46 / sq.feet. "Condo" is the most expensive type of property with a $1.48 / sq.feet value followed by "Apartment" with an average price of $1.46 / sq.feet.