Property prices for rent in Hamilton (Ontario)

The rent prices in real estate in Hamilton, 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.

$1,836
Average price last 6 months
$743.09
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Hamilton has had a strong fall during the last 6 months. In December, the average price per sq.feet was $866.67. In January this price barely changed remaining at $889.62 per sq.feet. The price for the following two months in (February, March) had a considerable fall of 55 with regard to the previous two months. The price per sq.feet has had a considerable fall of 73 % 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 $680.08 to $497.55 during April, and May.

Average price

When referring to the price in Hamilton (cities), this has fallen considerably in the last 6 months. In our first sample month during December, the average price is $1,859. In January This price remains at $1,865. During the following two months (February, March) the average price had a considerable fall of 53 % 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 122 % 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 $1,649 they are 15 % more affordable than the average price for Hamilton . The properties with the highest average price have 3 bedrooms, Their price is 38 % more expensive than the average. After that we have properties with 4 bedrooms priced at $2,172.

With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.16 / sq.feet, with an average $432.86 / sq.feet price in Hamilton. The properties with the most affordable average prices have 1 bedroom. They are 100 % more affordable than the average followed by properties with 2 bedrooms with a price at $1.95 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $1,649 it is 9 % more affordable than the average price in Hamilton. "Townhouse" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Condo". At a price of $1,874 it is 25 % more expensive than the average price.

According to the average cost per sq.feet, the most affordable property is "Townhouse" at an average price of $1 / sq.feet followed by "Condo" priced at $2.15 / sq.feet. "House" is the most expensive type of property with a $1,212.66 / sq.feet value followed by "Office" with an average price of $886 / sq.feet.

Charts data
Average price May
Average price per sq.feet May
Number of properties used in Hamilton
Number of properties used in region Ontario
$1,649
$432.86
4,768
132,568
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
# 965 Reimer Common Dr, Burlington, Ontario L7r 0c8
 20
# 965 Reimer Common Dr, Burlington, Ontario L7r 0c8
$659,900
Burlington, Ontario - For Sale - Townhouse - 1,500 sq.feet - 7 bedrooms - 2 bathrooms
Work downtown? Walking/biking distance to the go! Close to qew & short drive to downtown burlington or hamilton. Glorious 9' ceilings & upgraded hardwood floors throughout this home. Lots of natural light...
# 170 Hamilton St, Toronto, Ontario M4m 2e1
 19
# 170 Hamilton St, Toronto, Ontario M4m 2e1
$1,089,000
Toronto, Ontario - For Sale - House - 7 bedrooms - 2 bathrooms
Location, location, location - south riverdale. Wonderful opportunity to own a spacious and bright property in a prestige neighbourhood. Pride of ownership...
# 106 Hamilton St, Toronto, Ontario M4m 2c8
 20
# 106 Hamilton St, Toronto, Ontario M4m 2c8
$1,099,000
Toronto, Ontario - For Sale - Townhouse - 7 bedrooms - 2 bathrooms
Completely renovated both inside & out to a high standard w/a fantastic modern flow, fall in-love with this home.10ft ceiling, open concept layout, spacious...
# 154 Hamilton St S, Toronto, Ontario M4m 2c8
 20
# 154 Hamilton St S, Toronto, Ontario M4m 2c8
$2,999,000
Toronto, Ontario - For Sale - House - 1,500 sq.feet - 6 bedrooms - 3 bathrooms
Opportunity to own a truly unique home in central toronto. Modern marvel with four levels of functional minimalism naturally lit via full-height juliette...
200s Executive Condos For Sale Hamilton
 4
200s Executive Condos For Sale Hamilton
Request Details
Hamilton, Ontario - For Sale - Apartment
In your dream condo located in the heart of downtown hamilton a vibrant transitoriented and pedestrian... Less than an hour away from toronto and the us border hamilton is a vibrant metropolis with a unique...