Property prices for rent in Nanaimo (British Columbia)
The rent prices in real estate in Nanaimo, in the British Columbia 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 Nanaimo has had a strong fall during the last 6 months. In October, the average price per sq.feet was $3.6. In the following month the price per sq.feet fell considerably to $3.02. The price for the following two months in (December, January) had a considerable fall of 79 with regard to the previous two months. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $2.96 to $3.09 during February y March
When referring to the price in Nanaimo (cities), this has fallen in the last 6 months. The average price for October is $1,797. During November the price had a slight fall till $1,637. During the following two months (December, January) the average price fell 88 % 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 $1,610 and $1,634.5 between February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most expensive ones. At a price of $1,669 they are 5 % more expensive than the average price for Nanaimo. Following this ranking we find those properties with 2 at an average price of $2,064. The properties with the highest average price have 4 bedrooms, Their price is 61 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,500.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $2 / sq.feet, with an average $3.68 / sq.feet price in Nanaimo. The properties with the most expensive average prices have 3 bedrooms. They are 137 % more expensive than the average followed by properties with 2 bedrooms with a price at $6.06 / sq.feet.
The graph displaying the average rent prices displays the property type "Townhouse" as the most affordable one. At an cost of $1,669 it is 9 % more affordable than the average price in Nanaimo. "House" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "House". At a price of $1,791 it is 43 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $2 / sq.feet followed by "House" priced at $3 / sq.feet. "Townhouse" is the most expensive type of property with a $765 / sq.feet value followed by "House" with an average price of $3 / sq.feet.
