The rent prices in real estate in Natchitoches, 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 Natchitoches has had a strong fall during the last 6 months. In November, the average price per sq.feet was $1.7. In December this price barely changed remaining at $1.74 per sq.feet. The price for the following two months in (January, February) had a considerable fall of 78 with regard to the previous two months. The price per sq.feet has fallen 86 % 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 $1.53 to $1.31 during March, and April.
When referring to the price in Natchitoches (cities), this has risen in the last 6 months. The rent price in November is $743, rising in December till $827. During the following two months (January, February) the price has had an average rise from $785 to $877.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 89 %, going from $831.25 to $742 in March and April.
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 $696 they are 2 % more affordable than the average price for Natchitoches . The properties with the highest average price have 2 bedrooms, Their price is 49 % more expensive than the average. After that we have properties with 3 bedrooms priced at $937.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.01 / sq.feet, with an average $1.4 / sq.feet price in Natchitoches. The properties with the most expensive average prices have 1 bedroom. They are 21 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.01 / sq.feet.
According to average price per property type in Natchitoches, "" priced at $763 is 10 % more expensive than the average price ($696) in this city.