The rent prices in real estate in Belvidere, in the Illinois region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Belvidere has risen during the last 6 months. In November, the average price per sq.feet was $1.1. In December this price barely changed remaining at $1.15 per sq.feet. In the following two months the price per sq.feet has risen 108 %, going from $1.12 to $1.21 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $1.17 to $1.17 during March y April
When referring to the price in Belvidere (cities), this has risen considerably in the last 6 months. The average price during our first sample month during November, is $1,536. During December the price went through a considerable rise reaching $1,845. During the following two months (January, February) the average price had a considerable rise of 116 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 90 %, going from $1,822.5 to $1,639.5 in March and April.
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 $1,608 they are 47 % more affordable than the average price for Belvidere . The properties with the highest average price have 3 bedrooms, Their price is 23 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,219.
According to average price per property type in Belvidere, "" priced at $858 is 47 % lower than the average price ($1,608) in this city.