The rent prices in real estate in Zachary, 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 Zachary has had a strong fall during the last 6 months. In April, the average price per sq.feet was $13.23. In the following month the price per sq.feet rose to $14.72. In the following two months the price per sq.feet has practically remained the same, going from $13.98 to $14.19 per sq.feet. The price per sq.feet has had a considerable fall of 10 % 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 $14.09 to $1.35 during August, and September.
When referring to the price in Zachary (cities), this has risen in the last 6 months. In our first sample month during April, the average price is $1,358. In May This price remains at $1,348. During the following two months (June, July) the price has had an average rise from $1,353 to $1,512.5. 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 $1,432.75 and $1,498.5 between August and September.
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 $1,497 they are 28 % more affordable than the average price for Zachary . The properties with the highest average price have 4 bedrooms, Their price is 21 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,623.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.86 / sq.feet, with an average $1.35 / sq.feet price in Zachary. The properties with the most expensive average prices have 2 bedrooms. They are 10 % more expensive than the average followed by properties with 1 bedroom with a price at $1.48 / sq.feet.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $1,497 it is 44 % more affordable than the average price in Zachary. "" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Apartment". At a price of $1,518 it is 4 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $0.92 / sq.feet followed by "Apartment" priced at $1.48 / sq.feet. "Condo" is the most expensive type of property with a $9 / sq.feet value followed by "Apartment" with an average price of $1.48 / sq.feet.