The rent prices in real estate in Moss Point, in the Mississippi 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 Moss Point has had a strong fall during the last 6 months. In December, the average price per sq.feet was $6. In the following month the price per sq.feet fell considerably to $4. The price for the following two months in (February, March) had a considerable fall of 16 with regard to the previous two months. The price per sq.feet has had a considerable rise of 169 % 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 $2.9 to $4.91 during April, and May.
When referring to the price in Moss Point (cities), this has risen considerably in the last 6 months. The average price during our first sample month during December, is $547. During January the price went through a considerable rise reaching $647. During the following two months (February, March) the average price had a considerable rise of 141 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 86 %, going from $718.5 to $616 in April and May.
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 $613 they are 12 % more affordable than the average price for Moss Point . The properties with the highest average price have 2 bedrooms, Their price is 31 % more expensive than the average. After that we have properties with 1 bedroom priced at $539.
According to average price per property type in Moss Point, "" priced at $799 is 30 % more expensive than the average price ($613) in this city.