The rent prices in real estate in Port Moody, in the British Columbia 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 Port Moody has risen during the last 6 months. In December, the average price per sq.feet was $2.55. In the following month the price per sq.feet fell to $2.4. In the following two months the price per sq.feet has risen 111 %, going from $2.47 to $2.74 per sq.feet. The price per sq.feet has had a considerable rise of 115 % 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 $2.61 to $3.01 during April, and May.
When referring to the price in Port Moody (cities), this has fallen in the last 6 months. The average price for December is $2,756. During January the price had a considerable fall till $2,338. During the following two months (February, March) the average price had a considerable rise of 123 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $2,836.5 to $2,208.5, which means a 78 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 3 bedrooms are the most affordable ones. At a price of $2,063 they are 8 % more affordable than the average price for Port Moody . The properties with the highest average price have 2 bedrooms, Their price is 11 % more expensive than the average. After that we have properties with 1 bedroom priced at $1,925.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $2.79 / sq.feet, with an average $2.99 / sq.feet price in Port Moody. The properties with the most expensive average prices have 1 bedroom. They are 2 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.79 / sq.feet.
According to average price per property type in Port Moody, "" priced at $1,880 is 9 % lower than the average price ($2,063) in this city.