Property prices for rent in Langford (British Columbia)

The price per sq.feet in Langford has had a strong fall during the last 6 months. In October, the average price per sq.feet was $5.93. In the following month the price per sq.feet fell considerably to $4.76. The price for the following two months in (December, January) had a considerable fall of 57 with regard to the previous two months. The price per sq.feet has had a considerable fall of 80 % 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 $4.2 to $3.36 during February, and March.

When referring to the price in Langford (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $2,339. In November This price remains at $2,423. In the following two months the average price has hardly changed with regard to the previous two months from $2,381 to $2,298.5. 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 $2,339.75 and $2,308 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 $2,275 they are 16 % more affordable than the average price for Langford . Based on the bedrooms values, properties with the most expensive rent prices are those with 3 bedrooms. They are 38 % more expensive than the average aforementioned.

With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $3.07 / sq.feet, with an average $3.3 / sq.feet price in Langford. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 2 % more expensive than the average value aforementioned.