The average rent price in the Butuan City region has had a slight fall in recent months. There has been a fall in the rent prices in this region.
The price per m² in Butuan City has fallen in the last 6 months. During October, the average price per m² was ₱ 152. In November the price barely changed remaining at ₱ 152 per m². The following two months (December, January) went through a considerable fall of 47 % in the rent price per m² with regard to the previous two. In the last two months, the price per m² has had a significant rise of 163 %. This has been obtained by comparing the price of ₱ 112 for the first four months of the sample with regard to the previous 4 months and the price of ₱ 182.65 per m² for the last two months (February, March).
When referring to the price in Butuan City(region), this has fallen considerably in the last 6 months. In the first month sample October the average price is ₱ 13,153. In November the price remains at ₱ 13,153. In the following two months the average price has fallen 31 % compared to the previous two. During the last two months the price has had a considerable rise of 147 % with respect to the previous four months going from ₱ 8,642.5 a ₱ 12,717.
The graph displaying the average price per bedrooms shows that the property with the highest rent price has 1 bedroom. This price is 75 % more expensive than the average cost of ₱ 15,853 in Butuan City. According to the bedrooms the most expensive properties are those with 1 bedroom. They are 75 % more costly than the average aforementioned.
Based upon the average prices per m², those properties with 1 bedroom are 54 % more affordable than the average (₱ 106 / m²) in Butuan City. The properties with the lowest bedrooms / m² price are those with 1 bedroom. They are 54 % more affordable than the average aforementioned.
Based on the average price per property type in Butuan City the most expensive one with a price of ₱ 15,853 is "House" which is 75 % more costly than the average property. "House" has the most expensive price being 75 % more costly than the average aforementioned.
Based upon the average price per m², the most affordable property type is "House with an average cost of ₱ 106 / m². "House" which has the lowest average price of ₱ 106 / m² would be present in a less affluent region.
