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.
The price per sq.feet in Monroe has had a strong fall during the last 6 months. In April, the average price per sq.feet was $11.75. In the following month the price per sq.feet fell considerably to $0.85. The price for the following two months in (June, July) had a considerable fall of 74 with regard to the previous two months. 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 $5.49 to during August, and September.
When referring to the price in Monroe (cities), this has fallen considerably in the last 6 months. The average price for April is $1,540. During May the price had a considerable fall till $1,064. During the following two months (June, July) the average price had a considerable fall of 54 % 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 $1,003.25 to $530, which means a 53 % fall.