The rent prices in real estate in Belleville, in the Ontario region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Belleville has risen during the last 6 months. In September, the average price per sq.feet was $2.14. In October this price barely changed remaining at $2.19 per sq.feet. In the following two months the price per sq.feet has risen 109 %, going from $2.16 to $2.35 per sq.feet. The price per sq.feet has had a considerable rise of 117 % 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 $2.26 to $2.65 during January, and February.
When referring to the price in Belleville (cities), this has risen in the last 6 months. The average price during our first sample month during September, is $2,124. During October the price went through a considerable rise reaching $2,583. In the following two months the average price has hardly changed with regard to the previous two months from $2,353.5 to $2,249.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 91 %, going from $2,301.5 to $2,095 in January and February.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $2,019 they are 21 % more affordable than the average price for Belleville . The properties with the highest average price have 3 bedrooms, Their price is 21 % more expensive than the average. After that we have properties with 2 bedrooms priced at $2,100.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $2 / sq.feet, with an average $2.57 / sq.feet price in Belleville. The properties with the most expensive average prices have 4 bedrooms. They are 28032 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.73 / sq.feet.
The graph displaying the average rent prices displays the property type "Land" as the most affordable one. At an cost of $2,019 it is 47 % more affordable than the average price in Belleville. "Apartment" is seen as the second most affordable property type. The most affordable property is "House" followed by "Apartment". At a price of $1,471 it is 21 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Land" at an average price of $298 / sq.feet followed by "House" priced at $723 / sq.feet. "Apartment" is the most expensive type of property with a $1,136 / sq.feet value followed by "House" with an average price of $723 / sq.feet.