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.

Average price last 6 months
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in West Monroe has risen strongly during the last 6 months. In March, the average price per sq.feet was $0.9. In the following month the price per sq.feet rose considerably to $1.09. In the following two months the price per sq.feet has risen 109 %, going from $1 to $1.08 per sq.feet. The price per sq.feet has risen 114 % 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 $1.04 to $1.18 during July, and August.

Average price

When referring to the price in West Monroe (cities), this has risen considerably in the last 6 months. The average price during our first sample month during March, is $957. During April the price went through a considerable rise reaching $1,117. During the following two months (May, June) the average price had a considerable rise of 137 % with regard to the previous two months. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,230.75 and $1,275.5 between July and August.

Average price per bedrooms

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 $1,233 they are 50 % more affordable than the average price for West Monroe . The properties with the highest average price have 3 bedrooms, Their price is 7 % more expensive than the average. After that we have properties with 4 bedrooms priced at $1,056.

Price per property type

According to average price per property type in West Monroe, "" priced at $620 is 50 % lower than the average price ($1,233) in this city.

Charts data
Average price August
Average price per sq.feet August
Number of properties used in West Monroe
Number of properties used in region Louisiana
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value