Property prices for rent in Vanier (Ontario)
The rent prices in real estate in Vanier, in the Ontario 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 Vanier has risen strongly during the last 6 months. In October, the average price per sq.feet was $1. In the following month the price per sq.feet rose considerably to $2.88. The price for the following two months in (December, January) had a considerable rise of 181 %. The price per sq.feet has had a considerable rise of 191 % 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 $2.72 to $5.2 during February, and March.
When referring to the price in Vanier (cities), this has risen considerably in the last 6 months. The rent price in October is $1,497, rising in November till $1,619. During the following two months (December, January) the average price had a considerable rise of 130 % 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 135 % during the last two months.
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 $2,479 they are 6 % more affordable than the average price for Vanier . Based on the bedrooms values, properties with the most expensive rent prices are those with 3 bedrooms. They are 19 % more expensive than the average aforementioned.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $3.12 / sq.feet, with an average $5.52 / sq.feet price in Vanier. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 25 % more expensive than the average value aforementioned.
