The rent prices in real estate in Barrington, in the Illinois 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 Barrington has risen strongly during the last 6 months. In November, the average price per sq.feet was $1.72. In the following month the price per sq.feet rose to $1.88. The price for the following two months in (January, February) had a considerable rise of 115 %. The price per sq.feet has had a considerable rise of 118 % 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 $1.94 to $2.29 during March, and April.
When referring to the price in Barrington (cities), there have hardly been any changes in the last 6 months. The average price for November is $2,481. During December the price had a slight fall till $2,356. During the following two months (January, February) the price has had an average rise from $2,418.5 to $2,625.5. 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 $2,522 and $2,581.5 between 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 $2,678 they are 23 % more affordable than the average price for Barrington . The properties with the highest average price have 3 bedrooms, Their price is 35 % more expensive than the average. After that we have properties with 4 bedrooms priced at $3,433.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.76 / sq.feet, with an average $2.26 / sq.feet price in Barrington. The properties with the most expensive average prices have 1 bedroom. They are 9 % more expensive than the average followed by properties with 3 bedrooms with a price at $2.26 / sq.feet.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $2,678 it is 35 % more affordable than the average price in Barrington. "" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Apartment". At a price of $2,266 it is 37 % 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 / sq.feet followed by "House" priced at $1.94 / sq.feet. "Apartment" is the most expensive type of property with a $2.44 / sq.feet value followed by "House" with an average price of $1.94 / sq.feet.