The rent prices in real estate in Ontario, in the California 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 Ontario has risen during the last 6 months. In April, the average price per sq.feet was $1.85. In the following month the price per sq.feet rose to $2.08. In the following two months the price per sq.feet has risen 108 %, going from $1.97 to $2.12 per sq.feet. The price per sq.feet has risen 105 % 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 $2.04 to $2.14 during August, and September.
When referring to the price in Ontario (cities), there have hardly been any changes in the last 6 months. The average price for April is $1,946. During May the price had a slight fall till $1,845. In the following two months the average price has hardly changed with regard to the previous two months from $1,895.5 to $1,865.5. 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 $1,880.5 and $1,909.5 between August and September.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $1,933 they are 10 % more affordable than the average price for Ontario . The properties with the highest average price have 3 bedrooms, Their price is 42 % more expensive than the average. After that we have properties with 2 bedrooms priced at $2,015.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.72 / sq.feet, with an average $2.13 / sq.feet price in Ontario. The properties with the most expensive average prices have 1 bedroom. They are 13 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.05 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,933 it is 26 % more affordable than the average price in Ontario. "Land" is seen as the second most affordable property type. The most affordable property is "House" followed by "Condo". At a price of $1,888 it is 2 % more affordable than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $1.34 / sq.feet followed by "House" priced at $2.29 / sq.feet. "Land" is the most expensive type of property with a $13 / sq.feet value followed by "House" with an average price of $2.29 / sq.feet.