Property prices for rent in New Westminster (British Columbia)

The price per sq.feet in New Westminster has fallen during the last 6 months. In October, the average price per sq.feet was $4.18. In the following month the price per sq.feet fell to $3.84. The price for the following two months in (December, January) 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 $3.87 to $3.77 during February y March

When referring to the price in New Westminster (cities), this has risen in the last 6 months. In our first sample month during October, the average price is $1,784. In November This price remains at $1,755. During the following two months (December, January) the price has had an average rise from $1,769.5 to $1,954.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 119 % during the last two months.

The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $2,272 they are 36 % more affordable than the average price for New Westminster . The properties with the highest average price have 2 bedrooms, Their price is 26 % more expensive than the average. After that we have properties with 1 bedroom priced at $2,097.

With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $3.55 / sq.feet, with an average $3.92 / sq.feet price in New Westminster. The properties with the most expensive average prices have 1 bedroom. They are 6 % more expensive than the average followed by properties with 2 bedrooms with a price at $4.09 / sq.feet.

According to average price per property type in New Westminster, "" priced at $1,471 is 35 % lower than the average price ($2,272) in this city.