Property prices for rent in Guelph (Ontario)
The rent prices in real estate in Guelph, 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 Guelph has risen strongly during the last 6 months. In April, the average price per sq.feet was $2.81. In May this price barely changed remaining at $2.85 per sq.feet. The price for the following two months in (June, July) fell 93 % with regard to the previous two months. The price per sq.feet has had a considerable rise of 152 % 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 $2.73 to $4.15 during August, and September.
When referring to the price in Guelph (cities), this has fallen in the last 6 months. The average price for April is $2,431. During May the price had a slight fall till $2,302. In the following two months the average price has hardly changed with regard to the previous two months from $2,366.5 to $2,359. During the last two months the average price has fallen greatly compared to the previous four going from $2,362.75 to $1,977.5, which means a 84 % fall.
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 $1,911 they are 3 % more affordable than the average price for Guelph . The properties with the highest average price have 4 bedrooms, Their price is 74 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,599.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $2.07 / sq.feet, with an average $3.63 / sq.feet price in Guelph. The properties with the most expensive average prices have 1 bedroom. They are 50 % more expensive than the average followed by properties with 2 bedrooms with a price at $3.92 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most expensive one. At an cost of $1,911 it is 0 % more expensive than the average price in Guelph. "" is seen as the second most expensive property type. The most expensive property type is "Condo" followed by "Townhouse". At a price of $2,529 it is 59 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Townhouse" at an average price of $1.66 / sq.feet followed by "Condo" priced at $2.52 / sq.feet. "House" is the most expensive type of property with a $4.26 / sq.feet value followed by "Condo" with an average price of $2.52 / sq.feet.
