The rent prices in real estate in Natchez, in the Mississippi region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Natchez has risen strongly during the last 6 months. In August, the average price per sq.feet was $0.54. In the following month the price per sq.feet rose considerably to $5. The price for the following two months in (October, November) had a considerable rise of 181 %. The price per sq.feet has had a considerable fall of 60 % 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 $3.88 to $2.35 during December, and January.
When referring to the price in Natchez (cities), this has fallen considerably in the last 6 months. The average price for August is $1,250. During September the price had a considerable fall till $630. During the following two months (October, November) the average price had a considerable fall of 67 % 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 had a strong increase of 125 % during the last two months.
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 $598 they are 28 % more affordable than the average price for Natchez . The properties with the highest average price have 2 bedrooms, Their price is 172 % more expensive than the average. After that we have properties with 1 bedroom priced at $428.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $0.49 / sq.feet, with an average $0.69 / sq.feet price in Natchez. The properties with the most expensive average prices have 2 bedrooms. They are 2364 % more expensive than the average followed by properties with 1 bedroom with a price at $0.49 / sq.feet.
The graph displaying the average rent prices displays the property type "Villa" as the most expensive one. At an cost of $598 it is 64 % more expensive than the average price in Natchez. "Land" is seen as the second most expensive property type. The most expensive property type is "Land" followed by "Villa". At a price of $983 it is 172 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "Villa" at an average price of $10 / sq.feet followed by "Land" priced at $17 / sq.feet. "Land" is the most expensive type of property with a $17 / sq.feet value followed by "Villa" with an average price of $10 / sq.feet.