The rent prices in real estate in Bolingbrook, in the Illinois region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Bolingbrook has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1.49. In the following month the price per sq.feet fell considerably to $1.15. The price for the following two months in (December, January) fell 91 % with regard to the previous two months. The price per sq.feet has fallen 93 % 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 $1.26 to $1.17 during February, and March.
When referring to the price in Bolingbrook (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is $1,726. During November the price went through a considerable rise reaching $2,117. In the following two months the average price has hardly changed with regard to the previous two months from $1,921.5 to $2,006. 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 $1,963.75 and $2,000 between February and March.
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 $1,854 they are 20 % more affordable than the average price for Bolingbrook . The properties with the highest average price have 4 bedrooms, Their price is 28 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,695.
According to average price per property type in Bolingbrook, "" priced at $1,506 is 19 % lower than the average price ($1,854) in this city.