The rent prices in real estate in Batavia, 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 Batavia has risen strongly during the last 6 months. In May, the average price per sq.feet was $1. In the following month the price per sq.feet rose considerably to $1.3. The price for the following two months in (July, August) had a considerable rise of 304 %. The price per sq.feet has had a considerable fall of 64 % 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 $2.33 to $1.49 during September, and October.
When referring to the price in Batavia (cities), this has fallen considerably in the last 6 months. The rent price in May is $1,879, rising in June till $2,033. During the following two months (July, August) the average price had a considerable fall of 79 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $1,755.5 to $1,254.5, which means a 71 % fall.
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 $1,403 they are 30 % more affordable than the average price for Batavia . The properties with the highest average price have 2 bedrooms, Their price is 18 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,168.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most expensive ones at a cost of $1.49 / sq.feet, with an average $1.47 / sq.feet price in Batavia. The properties with the most expensive average prices have 2 bedrooms. They are 8 % more expensive than the average followed by properties with 1 bedroom with a price at $1.49 / sq.feet.
According to average price per property type in Batavia, "" priced at $1,168 is 17 % lower than the average price ($1,403) in this city.