The rent prices in real estate in Gatineau, in the Quebec region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Gatineau has risen during the last 6 months. In September, the average price per sq.feet was $1.81. In October this price barely changed remaining at $1.81 per sq.feet. In the following two months the price per sq.feet has risen 106 %, going from $1.81 to $1.92 per sq.feet. The price per sq.feet has risen 106 % 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 $1.87 to $1.98 during January, and February.
When referring to the price in Gatineau (cities), this has risen in the last 6 months. In our first sample month during September, the average price is $1,728. In October This price remains at $1,714. During the following two months (November, December) the price has had an average rise from $1,721 to $1,830.5. Based on an analysis of the first four prices and the last two months the average price has increased 107 % 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 $1,907 they are 11 % more affordable than the average price for Gatineau . The properties with the highest average price have 4 bedrooms, Their price is 37 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,142.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.52 / sq.feet, with an average $1.99 / sq.feet price in Gatineau. The properties with the most expensive average prices have 4 bedrooms. They are 318 % more expensive than the average followed by properties with 1 bedroom with a price at $2.59 / sq.feet.
The graph displaying the average rent prices displays the property type "Land" as the most affordable one. At an cost of $1,907 it is 44 % more affordable than the average price in Gatineau. "" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "Bungalow". At a price of $1,873 it is 33 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Duplex" at an average price of $1 / sq.feet followed by "Bungalow" priced at $2.05 / sq.feet. "Land" is the most expensive type of property with a $240 / sq.feet value followed by "Condo" with an average price of $5.64 / sq.feet.