Property prices for rent in Ponoka (Alberta)
The rent prices in real estate in Ponoka, 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 Ponoka has had a strong fall during the last 6 months. In October, the average price per sq.feet was $2.09. In the following month the price per sq.feet fell to $1.85. The price for the following two months in (December, January) had a considerable fall of 48 with regard to the previous two months. The price per sq.feet has had a considerable rise of 118 % 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 $1.46 to $1.73 during February, and March.
When referring to the price in Ponoka (cities), this has fallen considerably in the last 6 months. The average price for October is $1,446. During November the price had a considerable fall till $1,203. During the following two months (December, January) the average price had a considerable fall of 68 % 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 112 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 31 % more affordable than the average price of $721 in Ponoka. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 31 % more affordable than the average aforementioned.
