Property prices for rent in Cobourg (Ontario)
The rent prices in real estate in Cobourg, in the Ontario 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 Cobourg has risen strongly during the last 6 months. In October, the average price per sq.feet was $0.7. In the following month the price per sq.feet rose considerably to $1.02. The price for the following two months in (December, January) had a considerable rise of 213 %. The price per sq.feet has had a considerable fall of 42 % 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 $1.35 to $0.56 during February, and March.
When referring to the price in Cobourg (cities), this has risen considerably in the last 6 months. The rent price in October is $527, rising in November till $589. During the following two months (December, January) the average price had a considerable rise of 170 % with regard to the previous two months. 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 $753.75 and $724.5 between February and March.
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 $989 they are 30 % more affordable than the average price for Cobourg . The properties with the highest average price have 4 bedrooms, Their price is 95 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,533.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $0.12 / sq.feet, with an average $0.6 / sq.feet price in Cobourg. The properties with the most expensive average prices have 3 bedrooms. They are 78 % more expensive than the average followed by properties with 1 bedroom with a price at $0.86 / sq.feet.
According to average price per property type in Cobourg, "" priced at $1,928 is 95 % more expensive than the average price ($989) in this city.
