Property prices for rent in Belleville (Ontario)
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.
