The rent prices in real estate in Milton, in the Ontario region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Milton has risen during the last 6 months. In September, the average price per sq.feet was $2.35. In the following month the price per sq.feet rose considerably to $2.77. The price for the following two months in (November, December) had a considerable rise of 115 %. The price per sq.feet has had a considerable fall of 80 % 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 $2.75 to $2.2 during January, and February.
When referring to the price in Milton (cities), this has risen considerably in the last 6 months. The rent price in September is $1,345, rising in October till $1,543. During the following two months (November, December) the average price had a considerable rise of 144 % 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 121 % during the last two months.
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 $2,077 they are 31 % more affordable than the average price for Milton . The properties with the highest average price have 4 bedrooms, Their price is 81 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,054.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $2.18 / sq.feet, with an average $2.37 / sq.feet price in Milton. The properties with the most expensive average prices have 1 bedroom. They are 22 % more expensive than the average followed by properties with 4 bedrooms with a price at $2.87 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $2,077 it is 20 % more affordable than the average price in Milton. "" is seen as the second most affordable property type. The most expensive property type is "House" followed by "". At a price of $2,425 it is 56 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Apartment" at an average price of $2.16 / sq.feet followed by "House" priced at $2.69 / sq.feet. "House" is the most expensive type of property with a $2.69 / sq.feet value followed by "Apartment" with an average price of $2.16 / sq.feet.