Property prices for rent in Cochin (Kerala)

The rent prices in real estate in Cochin, in the Kerala region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.

₹ 31,705.5
Average price last 6 months
₹ 28.76
Price/sq.foot last 6 months
Average price per sq.feet

The price per sq.foot in Cochin has risen strongly during the last 6 months. In March, the average price per sq.foot was ₹ 23.04. In the following month the price per sq.foot rose to ₹ 26.33. The price for the following two months in (May, June) had a considerable rise of 126 %. The price per sq.foot has risen 110 % 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.foot of ₹ 27.86 to ₹ 30.58 during July, and August.

Average price

When referring to the price in Cochin (cities), this has risen considerably in the last 6 months. The average price during our first sample month during March, is ₹ 24,438. During April the price went through a considerable rise reaching ₹ 29,076. During the following two months (May, June) the average price had a considerable rise of 127 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has increased 114 % during the last two months.

Average price per BHK

The graph displaying the average rent price for BHK illustrates that those properties with 1 BHK are the most affordable ones. At a price of ₹ 33,939 they are 26 % more affordable than the average price for Cochin . The properties with the highest average price have 3 BHK, Their price is 25 % more expensive than the average. After that we have properties with 2 BHK priced at ₹ 31,182.

With regard to the average price per sq.foot, those properties with 4 BHK are the most affordable ones at a cost of ₹ 9 / sq.foot, with an average ₹ 30.23 / sq.foot price in Cochin. The properties with the most expensive average prices have 1 BHK. They are 39 % more expensive than the average followed by properties with 2 BHK with a price at ₹ 29.23 / sq.foot.

Price per property type

The graph displaying the average rent prices displays the property type "Land" as the most affordable one. At an cost of ₹ 33,939 it is 32 % more affordable than the average price in Cochin. "Flat" is seen as the second most affordable property type. The most expensive property type is "House" followed by "". At a price of ₹ 34,225 it is 20 % more expensive than the average price.

According to the average cost per sq.foot, the most affordable property is "Flat" at an average price of ₹ 1 / sq.foot followed by "Land" priced at ₹ 7 / sq.foot. "House" is the most affordable type of property with a ₹ 28 / sq.foot value followed by "Land" with an average price of ₹ 7 / sq.foot.

Charts data
Average price August
Average price per sq.foot August
Number of properties used in Cochin
Number of properties used in region Kerala
₹ 33,939
₹ 30.23
496
6,196
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value