The rent prices in real estate in Bonnyville, in the Alberta region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Bonnyville has risen strongly during the last 6 months. In October, the average price per sq.feet was $2.25. In November this price barely changed remaining at $2.31 per sq.feet. The price for the following two months in (December, January) had a considerable rise of 407 %. The price per sq.feet has had a considerable rise of 144 % 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 $5.78 to $8.35 during February, and March.
When referring to the price in Bonnyville (cities), this has risen in the last 6 months. In our first sample month during October, the average price is $919. In November This price remains at $959. During the following two months (December, January) the price has had an average rise from $939 to $1,033.5. Based on an analysis of the first four prices and the last two months the average price has increased 112 % during the last two months.
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 $1,127 they are 29 % more affordable than the average price for Bonnyville . The properties with the highest average price have 4 bedrooms, Their price is 68 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,273.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $1.8 / sq.feet, with an average $3.87 / sq.feet price in Bonnyville. The properties with the most expensive average prices have 3 bedrooms. They are 804 % more expensive than the average followed by properties with 2 bedrooms with a price at $5.48 / sq.feet.
According to average price per property type in Bonnyville, "" priced at $913 is 19 % lower than the average price ($1,127) in this city.