Property prices for rent in London (Ontario)
The rent prices in real estate in London, 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 London has risen during the last 6 months. In July, the average price per sq.feet was $1.57. In the following month the price per sq.feet rose to $1.7. In the following two months the price per sq.feet has risen 107 %, going from $1.63 to $1.75 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 $1.69 to $1.75 during November y December
When referring to the price in London (cities), this has risen in the last 6 months. The rent price in July is $1,612, rising in August till $1,708. During the following two months (September, October) the price has had an average rise from $1,660 to $1,787. Based on an analysis of the first four prices and the last two months the average price has increased 107 % 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 $1,822 they are 28 % more affordable than the average price for London . The properties with the highest average price have 4 bedrooms, Their price is 41 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,566.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.58 / sq.feet, with an average $1.72 / sq.feet price in London. The properties with the most expensive average prices have 1 bedroom. They are 10 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.71 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $1,822 it is 22 % more affordable than the average price in London. "" is seen as the second most affordable property type. The most expensive property type is "Townhouse" followed by "Condo". At a price of $2,237 it is 31 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $1.69 / sq.feet followed by "House" priced at $1.73 / sq.feet. "Townhouse" is the most expensive type of property with a $1.75 / sq.feet value followed by "House" with an average price of $1.73 / sq.feet.
