The rent prices in real estate in Fox River Grove, in the Illinois region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Fox River Grove has had a strong fall during the last 6 months. In November, the average price per sq.feet was $1.87. In the following month the price per sq.feet fell considerably to $1.46. The price for the following two months in (January, February) had a considerable fall of 68 with regard to the previous two months. The price per sq.feet has had a considerable fall of 45 % 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 $1.4 to $0.62 during March, and April.
When referring to the price in Fox River Grove (cities), this has risen considerably in the last 6 months. The average price during our first sample month during November, is $1,617. During December the price went through a considerable rise reaching $2,640. During the following two months (January, February) the average price had a considerable rise of 124 % 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 $2,384 to $1,916.5, which means a 80 % 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 $1,917 they are 40 % more affordable than the average price for Fox River Grove . The properties with the lowest average price have 2 bedrooms, Their price is 24 % more affordable than the average. After that we have properties with 1 bedroom priced at $1,157.
According to average price per property type in Fox River Grove, "" priced at $1,454 is 24 % lower than the average price ($1,917) in this city.