The rent prices in real estate in Downers Grove, 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 Downers Grove has risen during the last 6 months. In September, the average price per sq.feet was $2.67. In the following month the price per sq.feet rose considerably to $3.15. In the following two months the price per sq.feet has practically remained the same, going from $2.91 to $2.89 per sq.feet. 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 $2.9 to $2.7 during January, and February.
When referring to the price in Downers Grove (cities), this has risen in the last 6 months. The average price during our first sample month during September, is $2,578. During October the price went through a considerable rise reaching $3,110. In the following two months the average price has hardly changed with regard to the previous two months from $2,844 to $2,984.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 93 %, going from $2,914.25 to $2,721 in January and February.
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 $2,443 they are 15 % more affordable than the average price for Downers Grove . The properties with the highest average price have 4 bedrooms, Their price is 57 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,286.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.64 / sq.feet, with an average $2.42 / sq.feet price in Downers Grove. The properties with the most expensive average prices have 1 bedroom. They are 10 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.48 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,443 it is 26 % more affordable than the average price in Downers Grove. "Land" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "Townhouse". At a price of $2,780 it is 18 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Townhouse" at an average price of $1 / sq.feet followed by "Condo" priced at $2.07 / sq.feet. "Land" is the most expensive type of property with a $2.57 / sq.feet value followed by "House" with an average price of $2.54 / sq.feet.