The rent prices in real estate in Chatham, 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 Chatham has risen during the last 6 months. In October, the average price per sq.feet was $1.18. In the following month the price per sq.feet rose to $1.33. In the following two months the price per sq.feet has practically remained the same, going from $1.25 to $1.28 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 $1.27 to $1.3 during February y March
When referring to the price in Chatham (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is $1,391. During November the price went through a considerable rise reaching $1,707. During the following two months (December, January) the average price had a considerable rise of 119 % 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 85 %, going from $1,695.5 to $1,448 in 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 $1,594 they are 40 % more affordable than the average price for Chatham . The properties with the highest average price have 3 bedrooms, Their price is 9 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,401.
With regard to the average prices per sq.feet those properties with 1 bedroom are 22 % more affordable than the average price of ($1 / sq.feet) in Chatham. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 22 % more affordable than the average value aforementioned.
According to average price per property type in Chatham, "" priced at $950 is 40 % lower than the average price ($1,594) in this city.