The rent prices in real estate in Trenton, 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 Trenton has had a strong fall during the last 6 months. In October, the average price per sq.feet was $4.35. In the following month the price per sq.feet fell to $3.77. The price for the following two months in (December, January) had a considerable fall of 84 with regard to the previous two months. The price per sq.feet has had a considerable fall of 73 % 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 $3.74 to $2.74 during February, and March.
When referring to the price in Trenton (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $1,784. In November This price remains at $1,852. In the following two months the average price has hardly changed with regard to the previous two months from $1,818 to $1,840.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 90 %, going from $1,829.25 to $1,643 in February and March.
The graph showing the average price for bedrooms displays the property with the most expensive price has 2 bedrooms. It is 2 % more expensive than the average price of $1,591 in Trenton. Based on the bedrooms values, properties with the most expensive rent prices are those with 1 bedroom. They are 3 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 2 bedrooms are 3 % more affordable than the average price of ($2.36 / sq.feet) in Trenton. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 49 % more expensive than the average value aforementioned.