The rent prices in real estate in Shawinigan, 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 Shawinigan has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1.24. In November this price barely changed remaining at $1.18 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.21 to $1.25 per sq.feet. The price per sq.feet has had a considerable fall of 41 % 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 $1.23 to $0.5 during February, and March.
When referring to the price in Shawinigan (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $1,459. In November This price remains at $1,467. In the following two months the average price has hardly changed with regard to the previous two months from $1,463 to $1,477. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 86 %, going from $1,470 to $1,260 in February and March.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 66 % more affordable than the average price of $455 in Shawinigan. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 66 % more affordable than the average aforementioned.
According to average price per property type in Shawinigan, "" priced at $455 is 66 % lower than the average price ($1,341) in this city.