Property prices for rent in Ernakulam (Kerala)

The rent prices in real estate in Ernakulam, 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.

₹ 12,120
Average price last 6 months
₹ 8.38
Price/sq.foot last 6 months
Average price per sq.feet

The price per sq.foot in Ernakulam has risen strongly during the last 6 months. In August, the average price per sq.foot was ₹ 7. In the following month the price per sq.foot rose considerably to ₹ 8.73. The price for the following two months in (October, November) had a considerable rise of 139 %. The price per sq.foot has had a considerable fall of 67 % 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 ₹ 9.42 to ₹ 6.3 during December, and January.

Average price

When referring to the price in Ernakulam (cities), this has risen in the last 6 months. In our first sample month during August, the average price is ₹ 11,476. In September This price remains at ₹ 11,667. During the following two months (October, November) the average price had a considerable rise of 129 % 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 ₹ 13,228.5 to ₹ 9,903, which means a 75 % fall.

Average price per BHK

The graph displaying the average rent price for BHK illustrates that those properties with 2 BHK are the most expensive ones. At a price of ₹ 11,000 they are 94 % more expensive than the average price for Ernakulam. Following this ranking we find those properties with 1 at an average price of ₹ 25,620. The properties with the highest average price have 3 BHK, Their price is 6505 % more expensive than the average. After that we have properties with 4 BHK priced at ₹ 40,258.

With regard to the average prices per sq.foot those properties with 3 BHK are 95158 % more expensive than the average price of (₹ 6,287 / sq.foot) in Ernakulam. Properties with the most expensive price when referring to the number of BHK / sq.foot are those with 3 BHK. They are 95158 % more expensive than the average value aforementioned.

Price per property type

The graph displaying the average rent prices displays the property type "Flat" as the most expensive one. At an cost of ₹ 11,000 it is 74 % more expensive than the average price in Ernakulam. "" is seen as the second most expensive property type. The most expensive property type is "Land" followed by "House". At a price of ₹ 33,078 it is 1256 % 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 ₹ 5 / sq.foot followed by "Farm" priced at ₹ 86 / sq.foot. "Land" is the most expensive type of property with a ₹ 199 / sq.foot value followed by "House" with an average price of ₹ 162 / sq.foot.

Charts data
Average price January
Average price per sq.foot January
Number of properties used in Ernakulam
Number of properties used in region Kerala
₹ 11,000
₹ 6.6
52
11,890
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value