Property prices for rent in Belvidere (Illinois)
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 October, the average price per sq.feet was $1.06. In November this price barely changed remaining at $1.1 per sq.feet. In the following two months the price per sq.feet has risen 106 %, going from $1.08 to $1.14 per sq.feet. The price per sq.feet has risen 109 % 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 $1.11 to $1.21 during February, and March.
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 October, is $1,315. During November the price went through a considerable rise reaching $1,536. During the following two months (December, January) the average price had a considerable rise of 130 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has increased 113 % during the last two months.
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 $1,671 they are 49 % more affordable than the average price for Belvidere . The properties with the highest average price have 3 bedrooms, Their price is 18 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,221.
According to average price per property type in Belvidere, "" priced at $859 is 49 % lower than the average price ($1,671) in this city.
