Property prices for rent in Drummondville (Quebec)
The rent prices in real estate in Drummondville, in the Quebec 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 Drummondville has risen strongly during the last 6 months. In October, the average price per sq.feet was $1.23. In the following month the price per sq.feet rose considerably to $2.47. The price for the following two months in (December, January) had a considerable rise of 128 %. The price per sq.feet has had a considerable rise of 119 % 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 $2.11 to $2.5 during February, and March.
When referring to the price in Drummondville (cities), this has fallen in the last 6 months. In our first sample month during October, the average price is $1,498. In November This price remains at $1,457. During the following two months (December, January) the average price fell 87 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 88 %, going from $1,380 to $1,211.5 in 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 $1,248 they are 38 % more affordable than the average price for Drummondville . The properties with the highest average price have 3 bedrooms, Their price is 25 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,386.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most expensive ones at a cost of $2 / sq.feet, with an average $1.52 / sq.feet price in Drummondville. The properties with the most expensive average prices have 4 bedrooms. They are 20624 % more expensive than the average followed by properties with 1 bedroom with a price at $7 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $1,248 it is 35 % more affordable than the average price in Drummondville. "Duplex" is seen as the second most affordable property type. The most affordable property is "Duplex" followed by "House". At a price of $807 it is 23 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "House" at an average price of $315 / sq.feet followed by "Duplex" priced at $318 / sq.feet. "Duplex" is the most expensive type of property with a $318 / sq.feet value followed by "House" with an average price of $315 / sq.feet.
