The rent prices in real estate in Peterborough, in the Ontario region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Peterborough has risen during the last 6 months. In July, the average price per sq.feet was $1.93. In August this price barely changed remaining at $1.86 per sq.feet. In the following two months the price per sq.feet has risen 111 %, going from $1.89 to $2.11 per sq.feet. 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 to $2.07 during November y December
When referring to the price in Peterborough (cities), this has risen considerably in the last 6 months. In our first sample month during July, the average price is $1,659. In August This price remains at $1,707. During the following two months (September, October) the average price had a considerable rise of 118 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has increased 107 % 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 $1,972 they are 26 % more affordable than the average price for Peterborough . The properties with the highest average price have 3 bedrooms, Their price is 19 % more expensive than the average. After that we have properties with 4 bedrooms priced at $1,752.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $2.05 / sq.feet, with an average $2.1 / sq.feet price in Peterborough. The properties with the most expensive average prices have 4 bedrooms. They are 52376 % more expensive than the average followed by properties with 1 bedroom with a price at $2.7 / sq.feet.
The graph displaying the average rent prices displays the property type "Townhouse" as the most affordable one. At an cost of $1,972 it is 24 % more affordable than the average price in Peterborough. "Land" is seen as the second most affordable property type. The most affordable property is "House" followed by "Land". At a price of $1,742 it is 11 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Townhouse" at an average price of $872 / sq.feet followed by "Land" priced at $1,092 / sq.feet. "House" is the most expensive type of property with a $1,102 / sq.feet value followed by "Land" with an average price of $1,092 / sq.feet.