The rent prices in real estate in Rizal, in the Nueva Ecija region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per m² in Rizal has fallen during the last 6 months. In October, the average price per m² was ₱ 263.88. In November this price barely changed remaining at ₱ 263.88 per m². The price for the following two months in (December, January) had a considerable fall of 80 with regard to the previous two months. The price per m² 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 m² of ₱ 237.94 to ₱ 252.5 during February, and March.
When referring to the price in Rizal (cities), this has risen considerably in the last 6 months. In our first sample month during October, the average price is ₱ 6,923. In November This price remains at ₱ 6,923. During the following two months (December, January) the average price had a considerable rise of 204 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from ₱ 10,509 to ₱ 6,858.5, which means a 65 % fall.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 0 % more affordable than the average price of ₱ 6,776 in Rizal. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 0 % more affordable than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 2 % more expensive than the average price of (₱ 261 / m²) in Rizal. Properties with the most expensive price when referring to the number of bedrooms / m² are those with 1 bedroom. They are 2 % more expensive than the average value aforementioned.