The rent prices in real estate in West Monroe, in the Louisiana region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.feet in West Monroe has barely changed in the last 6 months. In February, the average price per sq.feet was $0.9. In the following month the price per sq.feet rose to $0.95. In the following two months the price per sq.feet has practically remained the same, going from $0.93 to $0.96 per sq.feet. The price per sq.feet has fallen 92 % 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 $0.94 to $0.87 during June, and July.
When referring to the price in West Monroe (cities), this has fallen considerably in the last 6 months. The average price for February is $1,082. During March the price had a considerable fall till $839. During the following two months (April, May) the average price fell 93 % 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 increased 105 % 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 $872 they are 14 % more affordable than the average price for West Monroe . The properties with the highest average price have 4 bedrooms, Their price is 24 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,067.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $872 it is 27 % more affordable than the average price in West Monroe. "House" is seen as the second most affordable property type. The most expensive property type is "House" followed by "". At a price of $633 it is 66 % more expensive than the average price.
According to the average area price by sq.feet the most expensive property type is "House with an average cost of $1 / sq.feet. "House" at an average price of $1 / sq.feet has the highest price and would be directed at more affluent cities.