Property prices for rent in Orangeville (Ontario)
The rent prices in real estate in Orangeville, 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.
The price per sq.feet in Orangeville has had a strong fall during the last 6 months. In November, the average price per sq.feet was $4.12. In the following month the price per sq.feet fell to $3.85. The price for the following two months in (January, February) had a considerable fall of 73 with regard to the previous two months. The price per sq.feet has had a considerable fall of 64 % 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 $3.45 to $2.22 during March, and April.
When referring to the price in Orangeville (cities), this has risen considerably in the last 6 months. In our first sample month during November, the average price is $2,082. In December This price remains at $2,086. During the following two months (January, February) the average price had a considerable rise of 127 % 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 increased 110 % 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 $2,541 they are 34 % more affordable than the average price for Orangeville . The properties with the highest average price have 3 bedrooms, Their price is 1 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,836.
With regard to the average prices per sq.feet those properties with 1 bedroom are 10 % more affordable than the average price of ($2 / sq.feet) in Orangeville. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 10 % more affordable than the average value aforementioned.
According to average price per property type in Orangeville, "" priced at $1,824 is 28 % lower than the average price ($2,541) in this city.
