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.