Property prices for rent in Lahore (Punjab)

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

Rs. 1.16 lakhs
Average price last 6 months
Rs. 12.72
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Lahore has risen strongly during the last 6 months. In September, the average price per sq.feet was Rs. 9.36. In the following month the price per sq.feet rose considerably to Rs. 11.91. The price for the following two months in (November, December) had a considerable rise of 123 %. The price per sq.feet has had a considerable rise of 122 % 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.feet of Rs. 11.87 to Rs. 14.43 during January, and February.

Average price

When referring to the price in Lahore (cities), this has risen considerably in the last 6 months. The rent price in September is Rs. 98,963, rising in October till Rs. 1.1 lakhs. During the following two months (November, December) the price has had an average rise from Rs. 1.05 lakhs to Rs. 1.19 lakhs. Based on an analysis of the first four prices and the last two months the average price has increased 112 % during the last two months.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of Rs. 1.33 lakhs they are 72 % more affordable than the average price for Lahore . The properties with the highest average price have 4 bedrooms, Their price is 3 % more expensive than the average. After that we have properties with 3 bedrooms priced at Rs. 83,450.

With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of Rs. 1.82 / sq.feet, with an average Rs. 15.98 / sq.feet price in Lahore. The properties with the most affordable average prices have 3 bedrooms. They are 36 % more affordable than the average followed by properties with 4 bedrooms with a price at Rs. 5.07 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "Agriculture Land" as the most affordable one. At an cost of Rs. 1.33 lakhs it is 58 % more affordable than the average price in Lahore. "Residential Plot" is seen as the second most affordable property type. The most expensive property type is "Commercial Plot" followed by "House". At a price of Rs. 1.84 lakhs it is 99 % more expensive than the average price.

According to the average cost per sq.feet, the most affordable property is "Agriculture Land" at an average price of Rs. 1.73 / sq.feet followed by "Residential Plot" priced at Rs. 6.23 / sq.feet. "Commercial Plot" is the most expensive type of property with a Rs. 44 / sq.feet value followed by "Commercial" with an average price of Rs. 28 / sq.feet.

Charts data
Average price February
Average price per sq.feet February
Number of properties used in Lahore
Number of properties used in region Punjab
Rs. 1.33 lakhs
Rs. 15.98
6,246
6,352
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
Other cities in region Punjab