Property prices for rent in Rimouski (Quebec)
The rent prices in real estate in Rimouski, in the Quebec 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 Rimouski has had a strong fall during the last 6 months. In October, the average price per sq.feet was $2.02. In the following month the price per sq.feet rose to $2.23. The price for the following two months in (December, January) had a considerable fall of 52 with regard to the previous two months. The price per sq.feet has had a considerable fall of 31 % 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 $1.62 to $0.5 during February, and March.
When referring to the price in Rimouski (cities), this has risen in the last 6 months. In our first sample month during October, the average price is $1,066. In November This price remains at $1,100. During the following two months (December, January) the average price had a considerable rise of 118 % with regard to the previous two months. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,181.25 and $1,124.5 between 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 $1,064 they are 56 % more affordable than the average price for Rimouski . The properties with the lowest average price have 2 bedrooms, Their price is 3 % more affordable than the average. After that we have properties with 3 bedrooms priced at $882.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most expensive ones at a cost of $97 / sq.feet, with an average $1 / sq.feet price in Rimouski. The properties with the most expensive average prices have 3 bedrooms. They are 57700 % more expensive than the average followed by properties with 1 bedroom with a price at $97 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $1,064 it is 20 % more affordable than the average price in Rimouski. "Condo" is seen as the second most affordable property type. The most affordable property is "House" followed by "Condo". At a price of $862 it is 17 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Apartment" at an average price of $384 / sq.feet followed by "Condo" priced at $392 / sq.feet. "House" is the most expensive type of property with a $578 / sq.feet value followed by "Condo" with an average price of $392 / sq.feet.
