The rent prices in real estate in Minden, in the Louisiana 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 Minden has had a strong fall during the last 6 months. In September, the average price per sq.feet was $16.17. In the following month the price per sq.feet fell considerably to $6.48. The price for the following two months in (November, December) had a considerable fall of 64 with regard to the previous two months. The price per sq.feet has had a considerable fall of 5 % 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 $9.31 to $0.42 during January, and February.
When referring to the price in Minden (cities), this has fallen considerably in the last 6 months. The average price for September is $33,625. During October the price had a considerable fall till $13,072. During the following two months (November, December) the average price had a considerable fall of 65 % 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 $19,251 to $675, which means a 4 % fall.
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 $639 they are 2 % more affordable than the average price for Minden . The properties with the highest average price have 2 bedrooms, Their price is 2584 % more expensive than the average. After that we have properties with 3 bedrooms priced at $797.
With regard to the average prices per sq.feet those properties with 2 bedrooms are 830 % more expensive than the average price of ($4 / sq.feet) in Minden. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 2 bedrooms. They are 830 % more expensive than the average value aforementioned.
According to average price per property type in Minden, "" priced at $797 is 25 % more expensive than the average price ($639) in this city.