The rent prices in real estate in Lucan, 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 Lucan has risen during the last 6 months. In November, the average price per sq.feet was $3.01. In December this price barely changed remaining at $3.01 per sq.feet. In the following two months the price per sq.feet has risen 105 %, going from $3.01 to $3.17 per sq.feet. The price per sq.feet has risen 110 % 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 $3.09 to $3.4 during March, and April.
When referring to the price in Lucan (cities), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $1,855. In December This price remains at $1,855. In the following two months the average price has hardly changed with regard to the previous two months from $1,855 to $1,934. Based on an analysis of the first four prices and the last two months the average price has increased 106 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 10 % more affordable than the average price of $1,820 in Lucan. Based on the bedrooms values, properties with the most expensive rent prices are those with 2 bedrooms. They are 6 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 2 bedrooms are 3 % more affordable than the average price of ($3.36 / sq.feet) in Lucan. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 19 % more expensive than the average value aforementioned.