The rent prices in real estate in Thibodaux, 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 Thibodaux has had a strong fall during the last 6 months. In November, the average price per sq.feet was $0.85. In the following month the price per sq.feet fell to $0.79. The price for the following two months in (January, February) had a considerable fall of 48 with regard to the previous two months. The price per sq.feet has had a considerable fall of 83 % 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 $0.61 to $0.5 during March, and April.
When referring to the price in Thibodaux (cities), there have hardly been any changes in the last 6 months. The average price for November is $857. During December the price had a considerable fall till $720. In the following two months the average price has hardly changed with regard to the previous two months from $788.5 to $800. Based on an analysis of the first four prices and the last two months the average price has increased 115 % during the last two months.
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 $907 they are 26 % more affordable than the average price for Thibodaux . The properties with the highest average price have 4 bedrooms, Their price is 27 % more expensive than the average. After that we have properties with 2 bedrooms priced at $910.
With regard to the average prices per sq.feet those properties with 1 bedroom are 7 % more expensive than the average price of ($1.08 / sq.feet) in Thibodaux. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 7 % more expensive than the average value aforementioned.
According to average price per property type in Thibodaux, "" priced at $1,149 is 27 % more expensive than the average price ($907) in this city.