Property prices for rent in West Monroe (Louisiana)
The rent prices in real estate in West Monroe, in the Louisiana region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in West Monroe has risen strongly during the last 6 months. In November, the average price per sq.feet was $0.94. In December this price barely changed remaining at $0.98 per sq.feet. In the following two months the price per sq.feet has risen 114 %, going from $0.96 to $1.09 per sq.feet. The price per sq.feet has risen 113 % 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 $1.02 to $1.16 during March, and April.
When referring to the price in West Monroe (cities), this has risen considerably in the last 6 months. In our first sample month during November, the average price is $1,124. In December This price remains at $1,180. During the following two months (January, February) the average price had a considerable rise of 142 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 126 % during the last two months.
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 $1,847 they are 49 % more affordable than the average price for West Monroe . The properties with the lowest average price have 4 bedrooms, Their price is 10 % more affordable than the average. After that we have properties with 3 bedrooms priced at $1,357.
According to average price per property type in West Monroe, "" priced at $1,158 is 37 % lower than the average price ($1,847) in this city.
