The rent prices in real estate in East Saint Louis, in the Illinois region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in East Saint Louis has fallen during the last 6 months. In November, the average price per sq.feet was $2.04. In December this price barely changed remaining at $2.02 per sq.feet. The price for the following two months in (January, February) had a considerable rise of 131 %. The price per sq.feet has had a considerable fall of 40 % 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 $2.35 to $0.94 during March, and April.
When referring to the price in East Saint Louis (cities), this has fallen in the last 6 months. In our first sample month during November, the average price is $2,021. In December This price remains at $2,030. During the following two months (January, February) the average price had a considerable rise of 135 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $2,379.75 to $814.5, which means a 34 % fall.
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 $803 they are 23 % more affordable than the average price for East Saint Louis . The properties with the highest average price have 3 bedrooms, Their price is 8 % more expensive than the average. After that we have properties with 4 bedrooms priced at $691.
According to average price per property type in East Saint Louis, "" priced at $691 is 14 % lower than the average price ($803) in this city.