Property prices for rent in Sidney (British Columbia)

The price per sq.feet in Sidney has had a strong fall during the last 6 months. In October, the average price per sq.feet was $3.83. In November this price barely changed remaining at $3.81 per sq.feet. The price for the following two months in (December, January) had a considerable fall of 77 with regard to the previous two months. The price per sq.feet has had a considerable fall of 51 % 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 $3.38 to $1.72 during February, and March.

When referring to the price in Sidney (cities), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $2,295. In November This price remains at $2,274. During the following two months (December, January) the average price had a considerable fall of 81 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $2,068 to $952.5, which means a 46 % fall.

The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most expensive ones. At a price of $1,119 they are 64 % more expensive than the average price for Sidney. Following this ranking we find those properties with 2 at an average price of $1,864. Based on the bedrooms values, properties with the most expensive rent prices are those with 3 bedrooms. They are 153 % more expensive than the average aforementioned.

With regard to the average price per sq.feet, those properties with 3 bedrooms are the most expensive ones at a cost of $3 / sq.feet, with an average $2.07 / sq.feet price in Sidney. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 142 % more expensive than the average value aforementioned.