The rent prices in real estate in Pearl River, 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 Pearl River has had a strong fall during the last 6 months. In September, the average price per sq.feet was $0.89. In the following month the price per sq.feet fell considerably to $0.73. The price for the following two months in (November, December) had a considerable fall of 48 with regard to the previous two months. The price per sq.feet has had a considerable rise of 166 % 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 $0.6 to $0.99 during January, and February.
When referring to the price in Pearl River (cities), this has risen considerably in the last 6 months. The rent price in September is $1,367, rising in October till $1,483. During the following two months (November, December) the average price had a considerable rise of 119 % 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 increased 111 % 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 $1,791 they are 64 % more affordable than the average price for Pearl River . The properties with the lowest average price have 2 bedrooms, Their price is 44 % more affordable than the average. After that we have properties with 1 bedroom priced at $636.
According to average price per property type in Pearl River, "" priced at $1,000 is 44 % lower than the average price ($1,791) in this city.