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 April, the average price per sq.feet was $0.97. In May this price barely changed remaining at $1 per sq.feet. The price for the following two months in (June, July) had a considerable fall of 0 with regard to the previous two months. 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 $0.49 to during August, and September.
When referring to the price in Saint Gabriel (cities), this has risen considerably in the last 6 months. The average price during our first sample month during April, is $1,183. During May the price went through a considerable rise reaching $2,337. During the following two months (June, July) the average price had a considerable fall of 64 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 91 %, going from $1,443 to $1,309 in August and September.
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 $1,078 they are 38 % 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 $667.
According to average price per property type in Saint Gabriel, "" priced at $667 is 38 % lower than the average price ($1,078) in this city.