The average rent price in the Delta region has had an strong rise in recent months. There has been a strong rise in the rent prices in this region.
The price per m² in Delta has risen considerably in the last 6 months. During November, the average price per m² was ₦ 3,534.65. In December the price barely changed remaining at ₦ 3,534.65 per m². The following two months (January, February) went through a fall of 88 % 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 200 %. This has been obtained by comparing the price of ₦ 3,315.37 for the first four months of the sample with regard to the previous 4 months and the price of ₦ 6,628.31 per m² for the last two months (March, April).
When referring to the price in Delta(region), this has risen considerably in the last 6 months. In the first month sample November the average price is ₦ 929,609. In December the price remains at ₦ 929,609. The price in the following months (January, February) had a strong rise of 140 % going from ₦ 929,609 to ₦ 1,305,350.5. During the last two months the price has had a considerable rise of 123 % with respect to the previous four months going from ₦ 1,117,479.75 a ₦ 1,372,097.
The graph displaying the average price per bedrooms shows that the property with the lowest rent price has 1 bedroom. This price is 74 % cheaper than the average cost of ₦ 430,000 in Delta. According to the bedrooms the most affordable properties are those with 1 bedroom. They are 74 % cheaper than the average aforementioned.
Based upon the average prices per m², those properties with 1 bedroom are 89 % more affordable than the average (₦ 980.95 / m²) in Delta. The properties with the lowest bedrooms / m² price are those with 1 bedroom. They are 89 % more affordable than the average aforementioned.