The rental market of Brantford has seen a rise in the last month. As of November 2022, the average rent in Brantford has increased by 3% to $1,595. For a 2-bedroom, the average rent has increased by 2% to $1,725.
The hike in Brantford rental properties is also visible in the median prices for all types of apartments from 2021 to 2022 in the month of October. The median rent for a 1-bedroom apartment in October 2022 was $1,605, but in October 2021, it was $1,488. For a 2-bedroom apartment, the median rent price was $1,707, and in October 2021, it was $1,661.
These evident and profitable changes are also visible for all 3-bedroom apartments for rent in Brantford. In October 2022, the 3-bedroom median rent was $2,250, but in October 2021, it was $2,054.
Average Rental Price by Property Size in Brantford
As of November 6, 2022, the average rent for a 1-bedroom apartment in Brantford, Ontario is $1,595. As compared to last year, it is a 9% increment. If you see the table given below, the price for the month of September and October for 1-bedroom, 2-bedroom, and 3-bedroom are given.
||Studio / 1-Bedroom
However, if there are more number of bedrooms in any apartment, condo, or townhouse, the rental price in Brantford will vary accordingly.
Top Neighbourhood with Best Rentals in Brantford
The Brantford rentals have different rates depending on the neighbourhood, configuration, and size. The neighbourhood includes some of the best localities where you will find the rent ranging between $2,000 to $15,000. The name of the neighbourhoods of Brantford are:
- Brier Park
- Brantford Station
- Devon Down
- Dogford Park
- Downtown Central
- Eagle Place Community Association
- East Ward/Echo Place
- Grand Valley Trails
- Hillier Heights
- Myrtleville Mayfair
- Pleasant Ridge
- Prince Charles
- Spring Garden
- West Brant
Average Lease Price by Property Type in Brantford
The Brantford rental housing market offers both residential and commercial properties on lease for long-term and short-term rentals. In Brantford, the furnished and unfurnished rental cost varies depending upon the neighbourhood and type of property you want to rent. The huge demand for Brantford rental properties is rising every day between the range of $2,000 to $12,500. The price of the rental also varies depending on the number of bedrooms you want.
Rental Average Price History in Brantford
You can see the rental average price history of Brantford in the table given below.
|Year / October
The data is a comparison between the months of October in the last five consecutive years for studio, 1-bedroom, 2-bedroom, and 3-bedroom apartments. It is clear from the table that the average rent price for all types of houses for rent in Brantford varies every year.
Best Areas / Communities for Renal Properties in Brantford
Brantford is a city with a rich history shaped by the Grand River and is near all the major consumer and industrial areas across North America. However, increasing development and a diversified mix of old and new generation makes the surroundings lively for residents, visitors, and tenants. There are many top-notch communities best for living and renting an apartment. You can find the best Brantford rentals in areas like Shellard Lane, Henderson-Sky Acres, Mayfair, Ava Heights-Golfdale, Greenbrier, Lynden Hills, Brier Park, Holmesdale-Lansdowne, Fairview, Eagle Place, Echo Place, and Mohawk Greenwich.
Pet-Friendly Rental Homes Options in Brantford
Yes, you can find a house in Brantford for rent that is pet-friendly and allows your goofballs to enjoy themselves in the beautiful surroundings. There are expansive options to choose from in Brantford pet-friendly rental house listings available in the rental market.
A total of 1,522,300 people live in Brantford on rental properties. There are 6% non-immigrants, 5% people who stay all year, 4% have been living in Brantford for the last 10+ years, and 23% living for 5-10 years. As for families, there are 1,860 couples without kids, 1,380 couples with kids, 1,440 single females with kids, and 215 single males with kids living in homes for rent in Brantford.