The rent prices in real estate in Pineville, 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 Pineville has had a strong fall during the last 6 months. In November, the average price per sq.feet was $0.93. In December this price barely changed remaining at $0.95 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $0.94 to $0.94 per sq.feet. The price per sq.feet has had a considerable fall of 56 % 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 $0.94 to $0.52 during March, and April.
When referring to the price in Pineville (cities), this has risen in the last 6 months. In our first sample month during November, the average price is $972. In December This price remains at $1,019. During the following two months (January, February) the average price had a considerable rise of 143 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $1,207.25 to $832.5, which means a 69 % fall.
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 $941 they are 43 % more affordable than the average price for Pineville . The properties with the highest average price have 3 bedrooms, Their price is 49 % more expensive than the average. After that we have properties with 2 bedrooms priced at $797.
According to average price per property type in Pineville, "" priced at $666 is 29 % lower than the average price ($941) in this city.