Property prices for rent in British Columbia region
The average rent price in the British Columbia region has remained at pretty much the same value in recent months. Rent prices in this region have remained pretty much the same.
The price per sq.feet in British Columbia has barely changed in the last 6 months. During February, the average price per sq.feet was $3.26. The following month the price fell to $3.08 per sq.feet. The price per sq.feet for the following two months barely changed going from $3.17 to $3.33 per sq.feet. In the last two months, the price per sq.feet has fallen 93 %. This has been obtained by comparing the price $3.25 for the first four months of the sample with regard to the previous 4 months and the price $3.04 per sq.feet for the last two months (June, July).
When referring to the price in British Columbia(region), this has risen in the last 6 months. February has an average price of $2,550. During Marchthe price had a slight fall till $2,410. The price in the following months (April, May) had a strong rise of 119 % going from $2,480 to $2,946. During the last two months the price has gone up 109 % compared to the previous average values going from $2,713 a $2,957 in June y July.
The graph displaying the the average rent price per number of bedrooms shows that those with 1 bedroom are the most affordable ones. They are 16 % cheaper than the average price in British Columbia followed by those with 2 with an average price of $3,329. The most expensive properties have 4 bedrooms. They are 60 % more expensive than the average followed by those properties with 3 bedrooms priced at $4,185.
Based on the average price per sq.feet those properties with 4 bedrooms are the most affordable ones with a price of $1.91 / sq.feet being $3.42 / sq.feet the average for British Columbia. The properties with the highest average price are those with 1 bedroom. These are 15 % more expensive than the average followed by those with 2 bedrooms with a price of $3.67 / sq.feet.
The graph displaying the average rent price according to the property type shows "Office" as the most affordable one. With an average cost of $2,974 it is 42 % cheaper than the average in British Columbia. This is followed by "Townhouse" with a cost of $1,751. The most expensive property type is "Apartment" and is 133 % more costly than the average, followed by "House" with a cost of $3,727.
Based upon the average cost per sq.feet the most affordable property type is "House with a an average price of $2.48 / sq.feet, followed by "Land" with a price of $3.97 / sq.feet. "Townhouse" with an average price of $603 / sq.feet is the most expensive type of property followed by "Office" at a price of $588 / sq.feet.
