Property prices for rent in Multan (Punjab)

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

Rs. 4.04 lakhs
Average price last 6 months
Rs. 50
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Multan has had a strong fall during the last 6 months. In December, the average price per sq.feet was Rs. 63.77. In the following month the price per sq.feet fell considerably to . The price for the following two months in (February, March) had a considerable fall of 77 with regard to the previous two months. The price per sq.feet has had a considerable rise of 155 % 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. 28.14 to Rs. 43.71 during April, and May.

Average price

When referring to the price in Multan (cities), there have hardly been any changes in the last 6 months. The average price for December is Rs. 2.78 lakhs. During January the price had a considerable fall till . During the following two months (February, March) the average price had a considerable rise of 175 % 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 had a strong increase of 224 % 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. 3.69 lakhs they are 96 % more affordable than the average price for Multan . The properties with the lowest average price have 2 bedrooms, Their price is 87 % more affordable than the average. After that we have properties with 1 bedroom priced at Rs. 15,904.

With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of Rs. 5 / sq.feet, with an average Rs. 38.63 / sq.feet price in Multan. The properties with the most expensive average prices have 2 bedrooms. They are 45 % more expensive than the average followed by properties with 1 bedroom with a price at Rs. 5 / sq.feet.

Price per property type

With regard to the average price based upon the property in Multan we can see that the most affordable property type is "House" at a price of Rs. 48,918, they are 87 % cheaper than the average price. "House" has the most affordable price. This price is 87 % more affordable than the average price aforementioned.

According to the average area price by sq.feet the most expensive property type is "House with an average cost of Rs. 56 / sq.feet. "House" at an average price of Rs. 56 / sq.feet has the highest price and would be directed at more affluent cities.

Charts data
Average price May
Average price per sq.feet May
Number of properties used in Multan
Number of properties used in region Punjab
Rs. 3.69 lakhs
Rs. 38.63
28
2,218
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value