The rent prices in real estate in Milton, 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 Milton has risen strongly during the last 6 months. In June, the average price per sq.feet was $2.11. In the following month the price per sq.feet rose considerably to $3.47. The price for the following two months in (August, September) had a considerable rise of 131 %. The price per sq.feet has had a considerable fall of 66 % 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 $3.22 to $2.13 during October, and November.
When referring to the price in Milton (cities), this has risen in the last 6 months. The rent price in June is $2,788, rising in July till $3,172. In the following two months the average price has hardly changed with regard to the previous two months from $2,980 to $3,094.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 93 %, going from $3,037.25 to $2,830.5 in October and November.
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 $2,820 they are 25 % more affordable than the average price for Milton . The properties with the highest average price have 4 bedrooms, Their price is 20 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,996.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.52 / sq.feet, with an average $2.04 / sq.feet price in Milton. The properties with the most expensive average prices have 1 bedroom. They are 36 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.63 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $2,820 it is 29 % 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 $2,606 it is 9 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $1.79 / sq.feet followed by "Apartment" priced at $2.54 / sq.feet. "Apartment" is the most expensive type of property with a $2.54 / sq.feet value followed by "House" with an average price of $1.79 / sq.feet.