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 September, the average price per sq.feet was $9.13. In the following month the price per sq.feet fell considerably to $7.72. The price for the following two months in (November, December) had a considerable fall of 65 with regard to the previous two months. The price per sq.feet has had a considerable fall of 13 % 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 $6.93 to $0.92 during January, and February.
When referring to the price in Rayne (cities), this has fallen considerably in the last 6 months. The average price for September is $12,267. During October the price had a considerable fall till $7,869. During the following two months (November, December) the average price had a considerable fall of 72 % 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 $8,639.25 to $1,283.5, which means a 15 % fall.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 57 % more affordable than the average price of $558 in Rayne. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 57 % more affordable than the average aforementioned.
According to average price per property type in Rayne, "" priced at $558 is 57 % lower than the average price ($1,306) in this city.