Property prices for rent in Brampton (Ontario)

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

Average price last 6 months
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Brampton has had a strong fall during the last 6 months. In November, the average price per sq.feet was $2.83. In December this price barely changed remaining at $2.97 per sq.feet. The price for the following two months in (January, February) fell 89 % with regard to the previous two months. The price per sq.feet 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.feet of $2.74 to $1.84 during March, and April.

Average price

When referring to the price in Brampton (cities), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $2,740. In December This price remains at $2,662. During the following two months (January, February) the average price fell 90 % 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 $2,562.5 to $1,923, which means a 75 % fall.

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 $2,115 they are 14 % more affordable than the average price for Brampton . The properties with the highest average price have 4 bedrooms, Their price is 65 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,987.

With regard to the average price per sq.feet, those properties with 4 bedrooms are the most expensive ones at a cost of $2.29 / sq.feet, with an average $2.06 / sq.feet price in Brampton. The properties with the most expensive average prices have 1 bedroom. They are 51 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.66 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "" as the most expensive one. At an cost of $2,115 it is 12 % more expensive than the average price in Brampton. "Condo" is seen as the second most expensive property type. The most expensive property type is "House" followed by "Townhouse". At a price of $2,720 it is 31 % 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 $2.66 / sq.feet followed by "Condo" priced at $2.85 / sq.feet. "Townhouse" is the most expensive type of property with a $4.37 / sq.feet value followed by "Condo" with an average price of $2.85 / sq.feet.

Charts data
Average price April
Average price per sq.feet April
Number of properties used in Brampton
Number of properties used in region Ontario
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value