The rent prices in real estate in Westwego, 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 Westwego has risen strongly during the last 6 months. In March, the average price per sq.feet was $1.01. In the following month the price per sq.feet rose considerably to $14. The price for the following two months in (May, June) had a considerable fall of 13 with regard to the previous two months. The price per sq.feet has had a considerable fall of 71 % 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 $4.25 to $3.04 during July, and August.
When referring to the price in Westwego (cities), this has risen considerably in the last 6 months. The average price during our first sample month during March, is $917. During April the price went through a considerable rise reaching $2,142. During the following two months (May, June) the average price had a considerable rise of 131 % 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 85 %, going from $1,767.25 to $1,505 in July and August.
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 $733 they are 0 % more affordable than the average price for Westwego . The properties with the highest average price have 3 bedrooms, Their price is 22 % more expensive than the average. After that we have properties with 4 bedrooms priced at $808.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $1.08 / sq.feet price in Westwego. The properties with the most affordable average prices have 1 bedroom. They are 0 % more affordable than the average followed by properties with 2 bedrooms with a price at $1 / sq.feet.
According to average price per property type in Westwego, "" priced at $808 is 10 % more expensive than the average price ($733) in this city.