Property prices for rent in Calumet City (Illinois)

The rent prices in real estate in Calumet City, 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.

Average price last 6 months
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Calumet City has had a strong fall during the last 6 months. In May, the average price per sq.feet was $10.47. In the following month the price per sq.feet fell to $9.61. The price for the following two months in (July, August) had a considerable fall of 58 with regard to the previous two months. The price per sq.feet has had a considerable fall of 14 % 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 $7.93 to $1.14 during September, and October.

Average price

When referring to the price in Calumet City (cities), this has risen considerably in the last 6 months. The rent price in May is $1,014, rising in June till $1,065. During the following two months (July, August) the average price had a considerable rise of 119 % 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 111 % during the last two months.

Average price per bedrooms

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 $1,283 they are 39 % more affordable than the average price for Calumet City . The properties with the highest average price have 4 bedrooms, Their price is 24 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,462.

With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.02 / sq.feet, with an average $1.12 / sq.feet price in Calumet City. The properties with the most expensive average prices have 4 bedrooms. They are 436 % more expensive than the average followed by properties with 1 bedroom with a price at $1.31 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $1,283 it is 25 % more affordable than the average price in Calumet City. "Condo" is seen as the second most affordable property type. The most expensive property type is "House" followed by "". At a price of $1,057 it is 14 % more expensive than the average price.

According to the average cost per sq.feet, the least affordable property would be "Condo" at an average price of $7 / sq.feet followed by "Apartment" priced at $8 / sq.feet. "House" is the most expensive type of property with a $10 / sq.feet value followed by "Apartment" with an average price of $8 / sq.feet.

Charts data
Average price October
Average price per sq.feet October
Number of properties used in Calumet City
Number of properties used in region Illinois
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value