Property prices for rent in Elk Grove Village (Illinois)

The rent prices in real estate in Elk Grove Village, 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.

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

The price per sq.feet in Elk Grove Village has risen strongly during the last 6 months. In November, the average price per sq.feet was $1.5. In December this price barely changed remaining at $1.5 per sq.feet. The price for the following two months in (January, February) had a considerable rise of 258 %. The price per sq.feet has had a considerable rise of 486 % 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 $2.69 to $13.06 during March, and April.

Average price

When referring to the price in Elk Grove Village (cities), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $1,384. In December This price remains at $1,336. In the following two months the average price has hardly changed with regard to the previous two months from $1,360 to $1,306. 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 $1,333 and $1,384.5 between March and April.

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 $1,448 they are 14 % more affordable than the average price for Elk Grove Village . The properties with the highest average price have 3 bedrooms, Their price is 43 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,513.

With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.58 / sq.feet, with an average $10.54 / sq.feet price in Elk Grove Village. The properties with the most expensive average prices have 1 bedroom. They are 63 % more expensive than the average followed by properties with 2 bedrooms with a price at $7.81 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,448 it is 12 % more affordable than the average price in Elk Grove Village. "Condo" is seen as the second most affordable property type. The most affordable property is "Condo" followed by "". At a price of $1,270 it is 8 % more affordable than the average price.

According to the average area price by sq.feet the most expensive property type is "Condo with an average cost of $12 / sq.feet. "Condo" at an average price of $12 / sq.feet has the highest price and would be directed at more affluent cities.

Charts data
Average price April
Average price per sq.feet April
Number of properties used in Elk Grove Village
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