The rent prices in real estate in Mississauga, 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 Mississauga has risen during the last 6 months. In February, the average price per sq.feet was $2.88. In March this price barely changed remaining at $2.99 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $2.93 to $3 per sq.feet. The price per sq.feet has risen 111 % 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 $2.97 to $3.31 during June, and July.
When referring to the price in Mississauga (cities), there have hardly been any changes in the last 6 months. In our first sample month during February, the average price is $2,354. In March This price remains at $2,349. In the following two months the average price has hardly changed with regard to the previous two months from $2,351.5 to $2,423. Based on an analysis of the first four prices and the last two months the average price has increased 106 % 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 $2,555 they are 12 % more affordable than the average price for Mississauga . The properties with the highest average price have 4 bedrooms, Their price is 57 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,156.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.98 / sq.feet, with an average $3.42 / sq.feet price in Mississauga. The properties with the most expensive average prices have 1 bedroom. They are 7 % more expensive than the average followed by properties with 2 bedrooms with a price at $3.17 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $2,555 it is 5 % more affordable than the average price in Mississauga. "Condo" is seen as the second most affordable property type. The most expensive property type is "" followed by "Condo". At a price of $2,555 it is 5 % 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 $2.81 / sq.feet followed by "Condo" priced at $3.42 / sq.feet. "Condo" is the most affordable type of property with a $3.42 / sq.feet value followed by "House" with an average price of $2.81 / sq.feet.