The rent prices in real estate in Crest Hill, in the Illinois region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Crest Hill has risen strongly during the last 6 months. In March, the average price per sq.feet was $1.66. In the following month the price per sq.feet rose considerably to $2.17. In the following two months the price per sq.feet has practically remained the same, going from $1.91 to $1.97 per sq.feet. The price per sq.feet has risen 114 % 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 $1.94 to $2.2 during July, and August.
When referring to the price in Crest Hill (cities), this has fallen in the last 6 months. The average price for March is $1,816. During April the price had a slight fall till $1,614. In the following two months the average price has hardly changed with regard to the previous two months from $1,715 to $1,751. 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 $1,733 and $1,683 between July and August.
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 $1,652 they are 9 % more affordable than the average price for Crest Hill . The properties with the highest average price have 4 bedrooms, Their price is 51 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,324.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.66 / sq.feet, with an average $2.28 / sq.feet price in Crest Hill. The properties with the most expensive average prices have 1 bedroom. They are 9 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.07 / sq.feet.
According to average price per property type in Crest Hill, "" priced at $1,449 is 12 % lower than the average price ($1,652) in this city.