Property prices for rent in Okotoks (Alberta)
The rent prices in real estate in Okotoks, in the Alberta region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Okotoks has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1.67. In the following month the price per sq.feet rose considerably to $1.96. The price for the following two months in (December, January) fell 86 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 54 % 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 $1.69 to $0.92 during February, and March.
When referring to the price in Okotoks (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is $1,354. During November the price went through a considerable rise reaching $2,127. During the following two months (December, January) the price has had an average rise from $1,740.5 to $1,927. During the last two months the average price has fallen greatly compared to the previous four going from $1,833.75 to $1,262, which means a 69 % fall.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 4 % more affordable than the average price of $1,295 in Okotoks. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 4 % more affordable than the average aforementioned.
According to average price per property type in Okotoks, "" priced at $1,295 is 4 % lower than the average price ($1,353) in this city.
