The rent prices in real estate in Quebec City, in the Quebec region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.feet in Quebec City has barely changed in the last 6 months. In August, the average price per sq.feet was $1.85. In September this price barely changed remaining at $1.83 per sq.feet. The price for the following two months in (October, November) had a considerable rise of 117 %. The price per sq.feet has fallen 89 % 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 to $1.78 during December, and January.
When referring to the price in Quebec City (cities), this has risen considerably in the last 6 months. The rent price in August is $1,374, rising in September till $1,514. During the following two months (October, November) the average price had a considerable rise of 117 % 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 110 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $1,661 they are 39 % more affordable than the average price for Quebec City . The properties with the highest average price have 3 bedrooms, Their price is 41 % more expensive than the average. After that we have properties with 1 bedroom priced at $2,008.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.34 / sq.feet, with an average $1.74 / sq.feet price in Quebec City. The properties with the most expensive average prices have 1 bedroom. They are 44 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.92 / sq.feet.
The graph displaying the average rent prices displays the property type "Townhouse" as the most affordable one. At an cost of $1,661 it is 41 % more affordable than the average price in Quebec City. "Bungalow" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Condo". At a price of $1,827 it is 125 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "Condo" at an average price of $1.76 / sq.feet followed by "Apartment" priced at $1.78 / sq.feet. "Bungalow" is the most expensive type of property with a $158 / sq.feet value followed by "Townhouse" with an average price of $128 / sq.feet.