The rent prices in real estate in Oshawa, 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 Oshawa has risen strongly during the last 6 months. In March, the average price per sq.feet was $1.95. In the following month the price per sq.feet rose considerably to $2.54. The price for the following two months in (May, June) had a considerable rise of 236 %. 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 $3.77 to $3.37 during July, and August.
When referring to the price in Oshawa (cities), this has risen in the last 6 months. The rent price in March is $1,986, rising in April till $2,263. In the following two months the average price has hardly changed with regard to the previous two months from $2,124.5 to $2,192.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $2,158.5 and $2,261.5 between July and August.
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 $2,301 they are 23 % more affordable than the average price for Oshawa . The properties with the highest average price have 4 bedrooms, Their price is 49 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,642.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most expensive ones at a cost of $3.66 / sq.feet, with an average $3.18 / sq.feet price in Oshawa. The properties with the most expensive average prices have 3 bedrooms. They are 61 % more expensive than the average followed by properties with 4 bedrooms with a price at $4.78 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $2,301 it is 1 % more affordable than the average price in Oshawa. "House" is seen as the second most affordable property type. The most expensive property type is "" followed by "Condo". At a price of $2,483 it is 10 % 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 $2.63 / sq.feet followed by "Apartment" priced at $3.32 / sq.feet. "House" is the most expensive type of property with a $3.44 / sq.feet value followed by "Apartment" with an average price of $3.32 / sq.feet.