The rent prices in real estate in Langley, in the British Columbia region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Langley has risen during the last 6 months. In December, the average price per sq.feet was $2.39. In the following month the price per sq.feet rose to $2.59. In the following two months the price per sq.feet has practically remained the same, going from $2.49 to $2.49 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $2.49 to $2.6 during April y May
When referring to the price in Langley (cities), there have hardly been any changes in the last 6 months. In our first sample month during December, the average price is $2,767. In January This price remains at $2,629. In the following two months the average price has hardly changed with regard to the previous two months from $2,698 to $2,678.5. 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 $2,688.25 and $2,682.5 between April and May.
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 $2,673 they are 26 % more affordable than the average price for Langley . The properties with the highest average price have 4 bedrooms, Their price is 113 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,320.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $2.7 / sq.feet price in Langley. The properties with the most expensive average prices have 3 bedrooms. They are 47 % more expensive than the average followed by properties with 1 bedroom with a price at $3.02 / sq.feet.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $2,673 it is 10 % more affordable than the average price in Langley. "House" is seen as the second most affordable property type. The most expensive property type is "" followed by "House". At a price of $2,622 it is 6 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $2 / sq.feet followed by "Condo" priced at $3 / sq.feet. "Condo" is the most expensive type of property with a $3 / sq.feet value followed by "House" with an average price of $2 / sq.feet.