The rent prices in real estate in Beaumont, in the Alberta region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Beaumont has fallen during the last 6 months. In September, the average price per sq.feet was $2.47. In October this price barely changed remaining at $2.42 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $2.44 to $2.5 per sq.feet. The price per sq.feet has had a considerable fall of 85 % 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 $2.47 to $2.1 during January, and February.
When referring to the price in Beaumont (cities), there have hardly been any changes in the last 6 months. In our first sample month during September, the average price is $1,606. In October This price remains at $1,581. In the following two months the average price has hardly changed with regard to the previous two months from $1,593.5 to $1,595. 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 $1,594.25 and $1,621.5 between January and February.
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 $1,674 they are 25 % more affordable than the average price for Beaumont . The properties with the highest average price have 4 bedrooms, Their price is 47 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,807.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $1.87 / sq.feet price in Beaumont. The properties with the most expensive average prices have 1 bedroom. They are 42 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.45 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,674 it is 13 % more affordable than the average price in Beaumont. "Apartment" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Apartment". At a price of $1,492 it is 22 % more expensive than the average price.
According to the average area price by sq.feet the most affordable property type is "Apartment with an average cost of $1 / sq.feet. "Apartment" with an average price of $1 / sq.feet has the most affordable price and would be directed at less affluent cities.