The rent prices in real estate in Brantford, in the Ontario region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Brantford has risen strongly during the last 6 months. In September, the average price per sq.feet was $1.76. In the following month the price per sq.feet rose to $1.93. In the following two months the price per sq.feet has risen 111 %, going from $1.85 to $2.05 per sq.feet. The price per sq.feet has had a considerable rise of 119 % 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 $1.95 to $2.31 during January, and February.
When referring to the price in Brantford (cities), this has fallen in the last 6 months. In our first sample month during September, the average price is $2,321. In October This price remains at $2,299. During the following two months (November, December) the average price fell 94 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 90 %, going from $2,237 to $2,009.5 in January and February.
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 $2,027 they are 19 % more affordable than the average price for Brantford . The properties with the highest average price have 4 bedrooms, Their price is 29 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,300.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.31 / sq.feet, with an average $2.19 / sq.feet price in Brantford. The properties with the most expensive average prices have 1 bedroom. They are 16 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.26 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,027 it is 7 % more affordable than the average price in Brantford. "House" is seen as the second most affordable property type. The most affordable property is "House" followed by "". At a price of $1,876 it is 3 % more affordable than the average price.
According to the average area price by sq.feet the most expensive property type is "House with an average cost of $2.49 / sq.feet. "House" at an average price of $2.49 / sq.feet has the highest price and would be directed at more affluent cities.