Property prices for rent in Fort Mcmurray (Alberta)
The rent prices in real estate in Fort Mcmurray, 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 Fort Mcmurray has risen strongly during the last 6 months. In October, the average price per sq.feet was $1.92. In the following month the price per sq.feet rose to $2.18. The price for the following two months in (December, January) had a considerable rise of 122 %. The price per sq.feet has had a considerable rise of 134 % 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 $2.28 to $3.06 during February, and March.
When referring to the price in Fort Mcmurray (cities), this has risen considerably in the last 6 months. The rent price in October is $1,094, rising in November till $1,245. During the following two months (December, January) the price has had an average rise from $1,169.5 to $1,271.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 124 % 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 $1,608 they are 14 % more affordable than the average price for Fort Mcmurray . The properties with the highest average price have 4 bedrooms, Their price is 51 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,254.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $3.28 / sq.feet, with an average $3.69 / sq.feet price in Fort Mcmurray. The properties with the most expensive average prices have 2 bedrooms. They are 77 % more expensive than the average followed by properties with 3 bedrooms with a price at $3.76 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,608 it is 21 % more affordable than the average price in Fort Mcmurray. "Townhouse" is seen as the second most affordable property type. The most expensive property type is "Townhouse" followed by "". At a price of $1,277 it is 24 % more expensive than the average price.
According to the average area price by sq.feet the most expensive property type is "Townhouse with an average cost of $1,535 / sq.feet. "Townhouse" at an average price of $1,535 / sq.feet has the highest price and would be directed at more affluent cities.
