The rent prices in real estate in Evanston, 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 Evanston has fallen during the last 6 months. In May, the average price per sq.feet was $2.43. In the following month the price per sq.feet fell to $2.21. In the following two months the price per sq.feet has practically remained the same, going from $2.32 to $2.26 per sq.feet. The price per sq.feet has fallen 88 % 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 $2.29 to $2.02 during September, and October.
When referring to the price in Evanston (cities), this has fallen in the last 6 months. In our first sample month during May, the average price is $1,897. In June This price remains at $1,886. In the following two months the average price has hardly changed with regard to the previous two months from $1,891.5 to $1,802. 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 $1,846.75 to $1,715 in September and October.
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 $1,763 they are 19 % more affordable than the average price for Evanston . The properties with the highest average price have 4 bedrooms, Their price is 109 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,537.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.65 / sq.feet, with an average $2.08 / sq.feet price in Evanston. The properties with the most expensive average prices have 4 bedrooms. They are 10 % more expensive than the average followed by properties with 3 bedrooms with a price at $1.9 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $1,763 it is 13 % more affordable than the average price in Evanston. "Condo" is seen as the second most affordable property type. The most expensive property type is "Detached House" followed by "". At a price of $2,189 it is 51 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Detached House" at an average price of $1 / sq.feet followed by "Condo" priced at $1.89 / sq.feet. "House" is the most affordable type of property with a $2 / sq.feet value followed by "Condo" with an average price of $1.89 / sq.feet.