The rent prices in real estate in Saint Gabriel, 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 Saint Gabriel has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1.19. In November this price barely changed remaining at $1.22 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.21 to $1.17 per sq.feet. The price per sq.feet has had a considerable fall of 0 % 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 $1.19 to during February, and March.
When referring to the price in Saint Gabriel (cities), this has fallen in the last 6 months. In our first sample month during October, the average price is $1,667. In November This price remains at $1,600. During the following two months (December, January) the price has had an average rise from $1,633.5 to $1,725. During the last two months the average price has fallen greatly compared to the previous four going from $1,679.25 to $1,307, which means a 78 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $1,076 they are 39 % more affordable than the average price for Saint Gabriel . The properties with the lowest average price have 1 bedroom, Their price is 38 % more affordable than the average. After that we have properties with 2 bedrooms priced at $661.
According to average price per property type in Saint Gabriel, "" priced at $661 is 39 % lower than the average price ($1,076) in this city.