The rent prices in real estate in Evanston, 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 Evanston has risen during the last 6 months. In October, the average price per sq.feet was $2.08. In the following month the price per sq.feet fell to $1.91. In the following two months the price per sq.feet has risen 111 %, going from $2 to $2.21 per sq.feet. The price per sq.feet has risen 112 % 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 $2.1 to $2.36 during February, and March.
When referring to the price in Evanston (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $1,763. In November This price remains at $1,705. In the following two months the average price has hardly changed with regard to the previous two months from $1,734 to $1,740. Based on an analysis of the first four prices and the last two months the average price has increased 112 % during the last two months.
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 $2,054 they are 17 % more affordable than the average price for Evanston . The properties with the highest average price have 4 bedrooms, Their price is 79 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,532.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $2.47 / sq.feet price in Evanston. The properties with the most affordable average prices have 1 bedroom. They are 2 % more affordable than the average followed by properties with 2 bedrooms with a price at $2.26 / sq.feet.
The graph displaying the average rent prices displays the property type "Townhouse" as the most affordable one. At an cost of $2,054 it is 30 % more affordable than the average price in Evanston. "House" is seen as the second most affordable property type. The most expensive property type is "" followed by "Condo". At a price of $1,933 it is 29 % 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 "House" priced at $2 / sq.feet. "House" is the most affordable type of property with a $2 / sq.feet value followed by "Townhouse" with an average price of $1 / sq.feet.