Property prices for rent in Parksville (British Columbia)

The rent prices in real estate in Parksville, in the British Columbia region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.

$1,932
Average price last 6 months
$3.19
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Parksville has had a strong fall during the last 6 months. In October, the average price per sq.feet was $3.99. In the following month the price per sq.feet fell considerably to $3.1. The price for the following two months in (December, January) had a considerable fall of 85 with regard to the previous two months. The price per sq.feet has fallen 92 % 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 $3.27 to $3.02 during February, and March.

Average price

When referring to the price in Parksville (cities), this has fallen in the last 6 months. In our first sample month during October, the average price is $2,026. In November This price remains at $2,124. During the following two months (December, January) the average price fell 94 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 88 %, going from $2,009.5 to $1,777 in February and March.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most expensive ones. At a price of $1,736 they are 10 % more expensive than the average price for Parksville. Following this ranking we find those properties with 2 at an average price of $1,934. Based on the bedrooms values, properties with the most expensive rent prices are those with 3 bedrooms. They are 48 % 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 $2 / sq.feet, with an average $3.08 / sq.feet price in Parksville. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 41 % more expensive than the average value aforementioned.

Charts data
Average price March
Average price per sq.feet March
Number of properties used in Parksville
Number of properties used in region British Columbia
$1,736
$3.08
298
57,272
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value