The rent prices in real estate in King, 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 King has risen strongly during the last 6 months. In September, the average price per sq.feet was $2.62. In the following month the price per sq.feet rose to $2.89. The price for the following two months in (November, December) had a considerable rise of 1296 %. The price per sq.feet has had a considerable fall of 10 % 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 $19.23 to $2 during January, and February.
When referring to the price in King (cities), this has risen in the last 6 months. In our first sample month during September, the average price is $2,797. In October This price remains at $2,848. During the following two months (November, December) the average price had a considerable rise of 122 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 92 %, going from $3,132.75 to $2,874 in January and February.
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 $2,717 they are 12 % more affordable than the average price for King . The properties with the highest average price have 2 bedrooms, Their price is 37 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,680.
With regard to the average prices per sq.feet those properties with 1 bedroom are 0 % more affordable than the average price of ($2 / sq.feet) in King. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 0 % more affordable than the average value aforementioned.
According to average price per property type in King, "" priced at $3,660 is 35 % more expensive than the average price ($2,717) in this city.