Property prices for rent in Monroe (Louisiana)

The rent prices in real estate in Monroe, 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.

$868.83
Average price last 6 months
$0.62
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Monroe has had a strong fall during the last 6 months. In November, the average price per sq.feet was $0.75. In December this price barely changed remaining at $0.72 per sq.feet. The price for the following two months in (January, February) fell 89 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 70 % 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 $0.69 to $0.49 during March, and April.

Average price

When referring to the price in Monroe (cities), this has fallen in the last 6 months. In our first sample month during November, the average price is $926. In December This price remains at $909. During the following two months (January, February) the average price fell 86 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has increased 105 % during the last two months.

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 $800 they are 33 % more affordable than the average price for Monroe . The properties with the highest average price have 4 bedrooms, Their price is 24 % more expensive than the average. After that we have properties with 3 bedrooms priced at $966.

Price per property type

According to average price per property type in Monroe, "" priced at $873 is 9 % more expensive than the average price ($800) in this city.

Charts data
Average price April
Average price per sq.feet April
Number of properties used in Monroe
Number of properties used in region Louisiana
$800
$0.97
204
18,328
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value