Property prices for rent in Orleans (Ontario)
The rent prices in real estate in Orleans, in the Ontario 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 Orleans has had a strong fall during the last 6 months. In October, the average price per sq.feet was $4.03. In the following month the price per sq.feet fell considerably to $2.86. The price for the following two months in (December, January) had a considerable fall of 77 with regard to the previous two months. The price per sq.feet has had a considerable fall of 76 % 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 $3.05 to $2.31 during February, and March.
When referring to the price in Orleans (cities), this has risen in the last 6 months. The rent price in October is $1,994, rising in November till $2,095. During the following two months (December, January) the price has had an average rise from $2,044.5 to $2,254.5. Based on an analysis of the first four prices and the last two months the average price has increased 109 % 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 $2,273 they are 38 % more affordable than the average price for Orleans . Based on the bedrooms values, properties with the most expensive rent prices are those with 3 bedrooms. They are 1 % more expensive than the average aforementioned.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.68 / sq.feet, with an average $2.2 / sq.feet price in Orleans. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 52 % more expensive than the average value aforementioned.
