Property prices for rent in Grimsby (Ontario)

The price per sq.feet in Grimsby has had a strong fall during the last 6 months. In October, the average price per sq.feet was $4.01. In the following month the price per sq.feet fell to $3.54. The price for the following two months in (December, January) had a considerable fall of 84 with regard to the previous two months. The price per sq.feet has had a considerable fall of 75 % 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 $3.48 to $2.62 during February, and March.

When referring to the price in Grimsby (cities), this has risen in the last 6 months. In our first sample month during October, the average price is $2,281. In November This price remains at $2,371. During the following two months (December, January) the price has had an average rise from $2,326 to $2,537. 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 $2,431.5 and $2,487 between 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 $2,493 they are 16 % more affordable than the average price for Grimsby . The properties with the highest average price have 4 bedrooms, Their price is 46 % more expensive than the average. After that we have properties with 2 bedrooms priced at $2,557.

With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $1.96 / sq.feet, with an average $2.32 / sq.feet price in Grimsby. The properties with the most expensive average prices have 2 bedrooms. They are 17 % more expensive than the average followed by properties with 3 bedrooms with a price at $2 / sq.feet.

The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $2,493 it is 12 % more affordable than the average price in Grimsby. "" is seen as the second most affordable property type. The most expensive property type is "" followed by "House". At a price of $2,202 it is 22 % more expensive than the average price.

According to the average area price by sq.feet the most affordable property type is "House with an average cost of $1 / sq.feet. "House" with an average price of $1 / sq.feet has the most affordable price and would be directed at less affluent cities.