The average rent price in the Louisiana region has had a slight fall in recent months. There has been a fall in the rent prices in this region.
The price per sq.feet in Louisiana has fallen in the last 6 months. During December, the average price per sq.feet was $1.02. The following month the price fell to $0.93 per sq.feet. The following two months (February, March) went through a fall of 93 % in the rent price per sq.feet with regard to the previous two. In the last two months, the price has barely changed with regard to the average value for the last 4 months going from an average price per sq.feet of $0.94 to $0.97 during April and May.
When referring to the price in Louisiana(region), there have hardly been any changes in the last 6 months. The average rent price in December is $1,078. In January the price rose to $1,147. The average price for the following two months (February, March) fell 91 % compared to the previous two. During the last two months the price has gone up 108 % compared to the previous average values going from $1,061.25 a $1,145 in April y May.
The graph displaying the the average rent price per number of bedrooms shows that those with 1 bedroom are the most affordable ones. They are 27 % cheaper than the average price in Louisiana followed by those with 2 with an average price of $1,008. The most expensive properties have 4 bedrooms. They are 55 % more expensive than the average followed by those properties with 3 bedrooms priced at $1,358.
Based on the average price per sq.feet those properties with 4 bedrooms are the most affordable ones with a price of $0.86 / sq.feet being $0.99 / sq.feet the average for Louisiana. The properties with the highest average price are those with 1 bedroom. These are 27 % more expensive than the average followed by those with 2 bedrooms with a price of $0.96 / sq.feet.
The graph displaying the average rent price according to the property type shows "" as the most affordable one. With an average cost of $1,158 it is 33 % cheaper than the average in Louisiana. This is followed by "Condo" with a cost of $831. The most expensive property type is "Townhouse" and is 158 % more costly than the average, followed by "Commercial" with a cost of $1,356.
Based upon the average cost per sq.feet the most affordable property type is "Commercial with a an average price of $0.9 / sq.feet, followed by "Condo" with a price of $0.93 / sq.feet. "Townhouse" with an average price of $99 / sq.feet is the most expensive type of property followed by "House" at a price of $1.12 / sq.feet.