The rent prices in real estate in Picton, in the Ontario region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Picton has risen strongly during the last 6 months. In October, the average price per sq.feet was $1.72. In the following month the price per sq.feet rose considerably to $2.33. In the following two months the price per sq.feet has risen 114 %, going from $2.03 to $2.32 per sq.feet. The price per sq.feet has had a considerable rise of 121 % 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 $2.17 to $2.63 during February, and March.
When referring to the price in Picton (cities), this has fallen in the last 6 months. The average price for October is $2,550. During November the price had a slight fall till $2,230. In the following two months the average price has hardly changed with regard to the previous two months from $2,390 to $2,483. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 95 %, going from $2,436.5 to $2,309 in February and March.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 17 % more affordable than the average price of $2,044 in Picton. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 17 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 1 % more expensive than the average price of ($2.76 / sq.feet) in Picton. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 1 % more expensive than the average value aforementioned.