The rent prices in real estate in Port Colborne, 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 Port Colborne has risen strongly during the last 6 months. In October, the average price per sq.feet was $2.32. In the following month the price per sq.feet rose considerably to $2.79. The price for the following two months in (December, January) had a considerable rise of 117 %. 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 $2.77 to $2.81 during February y March
When referring to the price in Port Colborne (cities), there have hardly been any changes in the last 6 months. The rent price in October is $1,912, rising in November till $2,133. 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 90 %, going from $1,959 to $1,768 in February and March.
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 $1,843 they are 24 % more affordable than the average price for Port Colborne . Based on the bedrooms values, properties with the most affordable rent prices are those with 3 bedrooms. They are 11 % more affordable than the average aforementioned.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $2 / sq.feet, with an average $2.77 / sq.feet price in Port Colborne. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 8 % more expensive than the average value aforementioned.