The rent prices in real estate in Blackfalds, in the Alberta 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 Blackfalds has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1.85. In November this price barely changed remaining at $1.77 per sq.feet. The price for the following two months in (December, January) had a considerable fall of 47 with regard to the previous two months. The price per sq.feet has risen 109 % 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 $1.33 to $1.45 during February, and March.
When referring to the price in Blackfalds (cities), this has risen considerably in the last 6 months. The rent price in October is $1,506, rising in November till $1,596. During the following two months (December, January) the average price fell 87 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 166 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 69 % more affordable than the average price of $1,040 in Blackfalds. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 69 % more affordable than the average aforementioned.
According to average price per property type in Blackfalds, "" priced at $1,040 is 69 % lower than the average price ($3,378) in this city.