Property prices for rent in Vaughan (Ontario)
The rent prices in real estate in Vaughan, 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 Vaughan has risen strongly during the last 6 months. In November, the average price per sq.feet was $2.62. In December this price barely changed remaining at $2.53 per sq.feet. The price for the following two months in (January, February) had a considerable rise of 721 %. The price per sq.feet has had a considerable fall of 27 % 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 $10.57 to $2.9 during March, and April.
When referring to the price in Vaughan (cities), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $2,873. In December This price remains at $2,773. In the following two months the average price has hardly changed with regard to the previous two months from $2,823 to $2,886. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 94 %, going from $2,854.5 to $2,674.5 in March and April.
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 $2,757 they are 15 % more affordable than the average price for Vaughan . 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 $3,483.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.6 / sq.feet, with an average $3.17 / sq.feet price in Vaughan. The properties with the most expensive average prices have 1 bedroom. They are 21 % more expensive than the average followed by properties with 2 bedrooms with a price at $3.62 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $2,757 it is 6 % more affordable than the average price in Vaughan. "" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "". At a price of $3,152 it is 42 % 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 $1.86 / sq.feet followed by "House" priced at $3.3 / sq.feet. "House" is the most expensive type of property with a $3.3 / sq.feet value followed by "Condo" with an average price of $1.86 / sq.feet.
