Property prices for rent in Sherbrooke (Quebec)

The rent prices in real estate in Sherbrooke, 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.

$880
Average price last 6 months
$433.35
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Sherbrooke has had a strong fall during the last 6 months. In December, the average price per sq.feet was $419.69. In January this price barely changed remaining at $428.52 per sq.feet. The price for the following two months in (February, March) had a considerable fall of 54 with regard to the previous two months. The price per sq.feet has had a considerable rise of 133 % 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 $325.74 to $431.88 during April, and May.

Average price

When referring to the price in Sherbrooke (cities), this has fallen considerably in the last 6 months. In our first sample month during December, the average price is $906. In January This price remains at $902. During the following two months (February, March) the average price had a considerable fall of 52 % 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 had a strong increase of 120 % during the last two months.

Average price per bedrooms

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 $664 they are 10 % more affordable than the average price for Sherbrooke . The properties with the highest average price have 4 bedrooms, Their price is 59 % more expensive than the average. After that we have properties with 3 bedrooms priced at $938.

With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $0.96 / sq.feet, with an average $375.74 / sq.feet price in Sherbrooke. The properties with the most expensive average prices have 4 bedrooms. They are 40 % more expensive than the average followed by properties with 3 bedrooms with a price at $363.33 / sq.feet.

Price per property type

With regard to the average price based upon the property in Sherbrooke we can see that the least affordable property type is "House" at a price of $1,053, they are 59 % more expensive than the average price of (!PRECIO2!). "House" has the most expensive price. This price is 59 % more expensive than the average price aforementioned.

According to the average area price by sq.feet the most expensive property type is "House with an average cost of $526 / sq.feet. "House" at an average price of $526 / sq.feet has the highest price and would be directed at more affluent cities.

Charts data
Average price May
Average price per sq.feet May
Number of properties used in Sherbrooke
Number of properties used in region Quebec
$664
$375.74
1,490
30,990
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value