The rent prices in real estate in Ontario, in the California region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Ontario has fallen during the last 6 months. In March, the average price per sq.feet was $2.32. In April this price barely changed remaining at $2.22 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $2.27 to $2.17 per sq.feet. The price per sq.feet has fallen 95 % 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 $2.22 to $2.11 during July, and August.
When referring to the price in Ontario (cities), there have hardly been any changes in the last 6 months. In our first sample month during March, the average price is $2,931. In April This price remains at $2,979. In the following two months the average price has hardly changed with regard to the previous two months from $2,955 to $2,875. 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 $2,915 and $2,890 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 $2,824 they are 29 % more affordable than the average price for Ontario . The properties with the highest average price have 4 bedrooms, Their price is 33 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,085.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.86 / sq.feet, with an average $2.22 / sq.feet price in Ontario. The properties with the most expensive average prices have 1 bedroom. They are 35 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.46 / sq.feet.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $2,824 it is 15 % more affordable than the average price in Ontario. "House" is seen as the second most affordable property type. The most expensive property type is "" followed by "House". At a price of $3,323 it is 123 % 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 $1.97 / sq.feet followed by "Condo" priced at $2.64 / sq.feet. "Condo" is the most expensive type of property with a $2.64 / sq.feet value followed by "House" with an average price of $1.97 / sq.feet.