Property prices for rent in Georgetown (Ontario)
The rent prices in real estate in Georgetown, 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 Georgetown has risen strongly during the last 6 months. In April, the average price per sq.feet was $2. In the following month the price per sq.feet rose considerably to $3. The price for the following two months in (June, July) had a considerable rise of 120 %. The price per sq.feet has risen 109 % 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 $2.75 to $3 during August, and September.
When referring to the price in Georgetown (cities), there have hardly been any changes in the last 6 months. In our first sample month during April, the average price is $2,559. In May This price remains at $2,496. In the following two months the average price has hardly changed with regard to the previous two months from $2,527.5 to $2,500. Based on an analysis of the first four prices and the last two months the average price has increased 107 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 20 % more affordable than the average price of $2,257 in Georgetown. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 20 % more affordable than the average aforementioned.
According to average price per property type in Georgetown, "" priced at $2,257 is 20 % lower than the average price ($2,831) in this city.
