Property prices for rent in Thorold (Ontario)
The rent prices in real estate in Thorold, in the Ontario 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 Thorold has had a strong fall during the last 6 months. In October, the average price per sq.feet was $2.45. In November this price barely changed remaining at $2.33 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 79 % 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 $2.11 to $1.66 during February, and March.
When referring to the price in Thorold (cities), this has fallen in the last 6 months. The average price for October is $2,319. During November the price had a slight fall till $2,149. In the following two months the average price has hardly changed with regard to the previous two months from $2,234 to $2,135.5. 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 $2,184.75 and $2,168 between February and March.
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 $2,103 they are 49 % more affordable than the average price for Thorold . The properties with the highest average price have 4 bedrooms, Their price is 26 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,436.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $1.28 / sq.feet, with an average $1.54 / sq.feet price in Thorold. The properties with the most expensive average prices have 2 bedrooms. They are 251 % more expensive than the average followed by properties with 4 bedrooms with a price at $4.48 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $2,103 it is 3 % more affordable than the average price in Thorold. "Condo" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Condo". At a price of $2,325 it is 13 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Apartment" at an average price of $1.09 / sq.feet followed by "Condo" priced at $2.23 / sq.feet. "House" is the most expensive type of property with a $4.94 / sq.feet value followed by "Condo" with an average price of $2.23 / sq.feet.
