The rent prices in real estate in Fort Erie, 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 Fort Erie has risen strongly during the last 6 months. In December, the average price per sq.feet was $1.63. In January this price barely changed remaining at $1.64 per sq.feet. The price for the following two months in (February, March) had a considerable fall of 72 with regard to the previous two months. The price per sq.feet has had a considerable rise of 249 % 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 $1.41 to $3.51 during April, and May.
When referring to the price in Fort Erie (cities), there have hardly been any changes in the last 6 months. The average price for December is $2,607. During January the price had a slight fall till $2,424. In the following two months the average price has hardly changed with regard to the previous two months from $2,515.5 to $2,532.5. 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 $2,524 and $2,482.5 between April and May.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $2,609 they are 75 % more affordable than the average price for Fort Erie . The properties with the lowest average price have 1 bedroom, Their price is 44 % more affordable than the average. After that we have properties with 2 bedrooms priced at $662.
According to average price per property type in Fort Erie, "" priced at $657 is 75 % lower than the average price ($2,609) in this city.