The rent prices in real estate in Pearl River, in the Louisiana 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 Pearl River has risen strongly during the last 6 months. In September, the average price per sq.feet was $0.93. In the following month the price per sq.feet rose considerably to $1.23. In the following two months the price per sq.feet has risen 113 %, going from $1.08 to $1.22 per sq.feet. The price per sq.feet has fallen 92 % 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 $1.15 to $1.05 during January, and February.
When referring to the price in Pearl River (cities), this has risen considerably in the last 6 months. The average price during our first sample month during September, is $672. During October the price went through a considerable rise reaching $1,100. During the following two months (November, December) the average price had a considerable rise of 126 % 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 127 % 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 $1,455 they are 54 % more affordable than the average price for Pearl River . The properties with the lowest average price have 2 bedrooms, Their price is 30 % more affordable than the average. After that we have properties with 1 bedroom priced at $675.
According to average price per property type in Pearl River, "" priced at $1,024 is 30 % lower than the average price ($1,455) in this city.