Property prices for rent in Hamilton (Ontario)

The rent prices in real estate in Hamilton, in the Ontario region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.

$2,237.5
Average price last 6 months
$2.36
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Hamilton has barely changed in the last 6 months. In February, the average price per sq.feet was $2.28. In the following month the price per sq.feet rose to $2.45. In the following two months the price per sq.feet has risen 107 %, going from $2.37 to $2.54 per sq.feet. The price per sq.feet has fallen 89 % 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 $2.45 to $2.19 during June, and July.

Average price

When referring to the price in Hamilton (cities), this has risen in the last 6 months. In our first sample month during February, the average price is $2,133. In March This price remains at $2,173. In the following two months the average price has hardly changed with regard to the previous two months from $2,153 to $2,210. Based on an analysis of the first four prices and the last two months the average price has increased 108 % 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 $2,418 they are 26 % more affordable than the average price for Hamilton . The properties with the highest average price have 4 bedrooms, Their price is 34 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,720.

With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $2 / sq.feet, with an average $2.2 / sq.feet price in Hamilton. The properties with the most expensive average prices have 1 bedroom. They are 30 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.24 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "Townhouse" as the most affordable one. At an cost of $2,418 it is 26 % more affordable than the average price in Hamilton. "House" is seen as the second most affordable property type. The most expensive property type is "" followed by "Condo". At a price of $2,485 it is 7 % more expensive than the average price.

According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $1.95 / sq.feet followed by "House" priced at $2.73 / sq.feet. "Townhouse" is the most expensive type of property with a $848 / sq.feet value followed by "House" with an average price of $2.73 / sq.feet.

Charts data
Average price July
Average price per sq.feet July
Number of properties used in Hamilton
Number of properties used in region Ontario
$2,418
$2.2
4,822
334,246
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value