The rent prices in real estate in Mont-royal, in the Quebec region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Mont-royal has fallen during the last 6 months. In September, the average price per sq.feet was $2.73. In October this price barely changed remaining at $2.7 per sq.feet. The price for the following two months in (November, December) fell 93 % with regard to the previous two months. 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 $2.62 to $2.55 during January y February
When referring to the price in Mont-royal (cities), this has risen in the last 6 months. In our first sample month during September, the average price is $2,066. In October This price remains at $2,102. During the following two months (November, December) the price has had an average rise from $2,084 to $2,253. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 116 % 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 $2,489 they are 19 % more affordable than the average price for Mont-royal . The properties with the highest average price have 3 bedrooms, Their price is 21 % more expensive than the average. After that we have properties with 2 bedrooms priced at $2,667.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $2.55 / sq.feet, with an average $2.55 / sq.feet price in Mont-royal. The properties with the most expensive average prices have 1 bedroom. They are 5 % more expensive than the average followed by properties with 3 bedrooms with a price at $2.63 / sq.feet.
According to average price per property type in Mont-royal, "" priced at $2,220 is 11 % lower than the average price ($2,489) in this city.