The rent prices in real estate in Rayne, 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 Rayne has had a strong fall during the last 6 months. In October, the average price per sq.feet was $7.72. In the following month the price per sq.feet rose considerably to $10. The price for the following two months in (December, January) had a considerable fall of 10 with regard to the previous two months. The price per sq.feet has had a considerable fall of 18 % 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 $4.88 to $0.88 during February, and March.
When referring to the price in Rayne (cities), this has fallen considerably in the last 6 months. The average price during our first sample month during October, is $7,869. During November the price went through a considerable rise reaching $13,284. During the following two months (December, January) the average price had a considerable fall of 11 % 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 $5,887.75 to $1,245.5, which means a 21 % fall.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 53 % more affordable than the average price of $557 in Rayne. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 53 % more affordable than the average aforementioned.
According to average price per property type in Rayne, "" priced at $557 is 53 % lower than the average price ($1,185) in this city.