The rent prices in real estate in Rimouski, in the Quebec 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 Rimouski has risen strongly during the last 6 months. In January, the average price per sq.feet was $147. In the following month the price per sq.feet rose to $155. The price for the following two months in (March, April) had a considerable rise of 270 %. The price per sq.feet has had a considerable fall of 67 % 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 $279 to $186 during May, and June.
When referring to the price in Rimouski (cities), this has risen in the last 6 months. In our first sample month during January, the average price is $615. In February This price remains at $614. During the following two months (March, April) the average price had a considerable rise of 119 % 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 $673.5 and $643.5 between May and June.
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 $629 they are 20 % more affordable than the average price for Rimouski . The properties with the highest average price have 2 bedrooms, Their price is 75 % more expensive than the average. After that we have properties with 3 bedrooms priced at $917.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $132 / sq.feet, with an average $198 / sq.feet price in Rimouski. The properties with the most expensive average prices have 3 bedrooms. They are 210 % more expensive than the average followed by properties with 1 bedroom with a price at $132 / sq.feet.
The graph displaying the average rent prices displays the property type "Land" as the most expensive one. At an cost of $629 it is 42 % more expensive than the average price in Rimouski. "Apartment" is seen as the second most expensive property type. The most expensive property type is "House" followed by "Apartment". At a price of $897 it is 46 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "Land" at an average price of $424 / sq.feet followed by "Apartment" priced at $427 / sq.feet. "House" is the most expensive type of property with a $613 / sq.feet value followed by "Apartment" with an average price of $427 / sq.feet.