The rent prices in real estate in Vancouver, in the Washington 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 Vancouver has risen strongly during the last 6 months. In March, the average price per sq.feet was $1.79. In the following month the price per sq.feet rose to $2.03. In the following two months the price per sq.feet has risen 107 %, going from $1.91 to $2.05 per sq.feet. The price per sq.feet has had a considerable rise of 129 % 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 $1.98 to $2.55 during July, and August.
When referring to the price in Vancouver (cities), this has risen considerably in the last 6 months. The average price during our first sample month during March, is $1,675. During April the price went through a considerable rise reaching $2,003. In the following two months the average price has hardly changed with regard to the previous two months from $1,839 to $1,800.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 131 % 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 $2,468 they are 15 % more affordable than the average price for Vancouver . The properties with the highest average price have 4 bedrooms, Their price is 21 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,321.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.49 / sq.feet, with an average $2.79 / sq.feet price in Vancouver. The properties with the most expensive average prices have 1 bedroom. They are 16 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.3 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,468 it is 48 % more affordable than the average price in Vancouver. "Townhouse" is seen as the second most affordable property type. The most expensive property type is "Land" followed by "House". At a price of $2,555 it is 7 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Land" at an average price of $1 / sq.feet followed by "Condo" priced at $1.61 / sq.feet. "House" is the most expensive type of property with a $3.05 / sq.feet value followed by "Townhouse" with an average price of $1.96 / sq.feet.