Property prices for rent in Brampton (Ontario)
The rent prices in real estate in Brampton, in the Ontario region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Brampton has fallen during the last 6 months. In October, the average price per sq.feet was $2.91. In November this price barely changed remaining at $2.83 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $2.87 to $2.76 per sq.feet. The price per sq.feet has had a considerable fall of 75 % 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 $2.81 to $2.11 during February, and March.
When referring to the price in Brampton (cities), this has fallen in the last 6 months. In our first sample month during October, the average price is $2,767. In November This price remains at $2,740. During the following two months (December, January) the average price fell 92 % 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 $2,644.75 to $2,084.5, which means a 79 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most expensive ones. At a price of $1,731 they are 7 % more expensive than the average price for Brampton. Following this ranking we find those properties with 2 at an average price of $2,127. The properties with the highest average price have 4 bedrooms, Their price is 106 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,993.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most expensive ones at a cost of $1.98 / sq.feet, with an average $1.61 / sq.feet price in Brampton. The properties with the most expensive average prices have 1 bedroom. They are 98 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.47 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most expensive one. At an cost of $1,731 it is 37 % more expensive than the average price in Brampton. "Condo" is seen as the second most expensive property type. The most expensive property type is "Townhouse" followed by "House". At a price of $2,872 it is 82 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "House" at an average price of $2.42 / sq.feet followed by "Condo" priced at $2.62 / sq.feet. "Townhouse" is the most expensive type of property with a $5.94 / sq.feet value followed by "Condo" with an average price of $2.62 / sq.feet.
