Property prices for rent in Wainwright (Alberta)

The price per sq.feet in Wainwright has risen strongly during the last 6 months. In November, the average price per sq.feet was $1.65. In the following month the price per sq.feet fell to $1.41. The price for the following two months in (January, February) had a considerable rise of 153 %. The price per sq.feet has had a considerable rise of 177 % 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 $1.93 to $3.43 during March, and April.

When referring to the price in Wainwright (cities), this has fallen in the last 6 months. In our first sample month during November, the average price is $916. In December This price remains at $943. During the following two months (January, February) the average price fell 86 % with regard to the previous two months. 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 $866.75 and $864.5 between March and April.

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 $906 they are 43 % more affordable than the average price for Wainwright . Based on the bedrooms values, properties with the most expensive rent prices are those with 3 bedrooms. They are 17 % more expensive than the average aforementioned.

With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $3 / sq.feet, with an average $3.15 / sq.feet price in Wainwright. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 59 % more expensive than the average value aforementioned.