Property prices for rent in Innisfail (Alberta)
The rent prices in real estate in Innisfail, in the Alberta region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Innisfail has had a strong fall during the last 6 months. In November, the average price per sq.feet was $1.97. In the following month the price per sq.feet rose to $2.22. The price for the following two months in (January, February) had a considerable fall of 20 with regard to the previous two months. The price per sq.feet has had a considerable fall of 73 % 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 $1.26 to $0.92 during March, and April.
When referring to the price in Innisfail (cities), this has fallen in the last 6 months. The average price for November is $987. During December the price had a slight fall till $889. During the following two months (January, February) the average price fell 93 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has increased 111 % 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 $1,075 they are 26 % more affordable than the average price for Innisfail . The properties with the lowest average price have 3 bedrooms, Their price is 10 % more affordable than the average. After that we have properties with 2 bedrooms priced at $928.
According to average price per property type in Innisfail, "" priced at $965 is 10 % lower than the average price ($1,075) in this city.
