The rent prices in real estate in Leamington, in the Ontario 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 Leamington has risen during the last 6 months. In October, the average price per sq.feet was $2.7. In the following month the price per sq.feet rose to $2.96. The price for the following two months in (December, January) had a considerable rise of 116 %. The price per sq.feet has had a considerable fall of 79 % 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 $3.06 to $2.41 during February, and March.
When referring to the price in Leamington (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $1,743. In November This price remains at $1,761. In the following two months the average price has hardly changed with regard to the previous two months from $1,752 to $1,800. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 91 %, going from $1,776 to $1,610.5 in 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 $1,485 they are 23 % more affordable than the average price for Leamington . The properties with the highest average price have 3 bedrooms, Their price is 52 % more expensive than the average. After that we have properties with 4 bedrooms priced at $1,352.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $2 / sq.feet, with an average $2.24 / sq.feet price in Leamington. The properties with the most expensive average prices have 4 bedrooms. They are 20079 % more expensive than the average followed by properties with 1 bedroom with a price at $2.47 / sq.feet.
The graph displaying the average rent prices displays the property type "Commercial" as the most affordable one. At an cost of $1,485 it is 19 % more affordable than the average price in Leamington. "House" is seen as the second most affordable property type. The most affordable property is "House" followed by "Commercial". At a price of $1,206 it is 9 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "House" at an average price of $452 / sq.feet followed by "Commercial" priced at $917 / sq.feet. "Commercial" is the most expensive type of property with a $917 / sq.feet value followed by "House" with an average price of $452 / sq.feet.