The rent prices in real estate in Bellwood, 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 Bellwood has risen strongly during the last 6 months. In October, the average price per sq.feet was $1.55. In November this price barely changed remaining at $1.52 per sq.feet. The price for the following two months in (December, January) had a considerable rise of 836 %. The price per sq.feet has had a considerable fall of 23 % 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 $7.18 to $1.67 during February, and March.
When referring to the price in Bellwood (cities), this has fallen in the last 6 months. The average price for October is $1,714. During November the price had a slight fall till $1,480. In the following two months the average price has hardly changed with regard to the previous two months from $1,597 to $1,620.5. 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 $1,608.75 and $1,642 between February and March.
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 $1,586 they are 35 % more affordable than the average price for Bellwood . The properties with the highest average price have 3 bedrooms, Their price is 28 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,883.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.45 / sq.feet, with an average $1.69 / sq.feet price in Bellwood. The properties with the most expensive average prices have 3 bedrooms. They are 1616 % more expensive than the average followed by properties with 1 bedroom with a price at $1.73 / sq.feet.
According to average price per property type in Bellwood, "" priced at $1,036 is 35 % lower than the average price ($1,586) in this city.