The rent prices in real estate in Terrebonne, 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 Terrebonne has risen strongly during the last 6 months. In October, the average price per sq.feet was $2.35. In the following month the price per sq.feet fell to $2.1. The price for the following two months in (December, January) had a considerable rise of 135 %. The price per sq.feet has had a considerable rise of 203 % 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 $2.62 to $5.31 during February, and March.
When referring to the price in Terrebonne (cities), this has risen in the last 6 months. The rent price in October is $1,866, rising in November till $1,997. In the following two months the average price has hardly changed with regard to the previous two months from $1,931.5 to $1,968.5. 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 $1,950 and $1,960 between February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $1,972 they are 48 % more affordable than the average price for Terrebonne . The properties with the highest average price have 3 bedrooms, Their price is 35 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,996.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $6.17 / sq.feet, with an average $6.37 / sq.feet price in Terrebonne. The properties with the most expensive average prices have 1 bedroom. They are 33 % more expensive than the average followed by properties with 2 bedrooms with a price at $8.01 / sq.feet.
According to average price per property type in Terrebonne, "" priced at $1,033 is 48 % lower than the average price ($1,972) in this city.