The rent prices in real estate in Franklin Park, 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 Franklin Park has had a strong fall during the last 6 months. In July, the average price per sq.feet was $23. In the following month the price per sq.feet fell considerably to . The price for the following two months in (September, October) had a considerable fall of 0 with regard to the previous two months. The price per sq.feet has had a considerable fall of 14 % 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 $5.75 to $0.81 during November, and December.
When referring to the price in Franklin Park (cities), there have hardly been any changes in the last 6 months. The average price for July is $1,823. During August the price had a slight fall till $1,727. In the following two months the average price has hardly changed with regard to the previous two months from $1,775 to $1,708. Based on an analysis of the first four prices and the last two months the average price has increased 107 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 16 % more affordable than the average price of $1,579 in Franklin Park. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 16 % more affordable than the average aforementioned.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,883 it is 18 % more affordable than the average price in Franklin Park. "House" is seen as the second most affordable property type. The most affordable property is "House" followed by "". At a price of $1,540 it is 5 % more affordable than the average price.
According to the average area price by sq.feet the most expensive property type is "House with an average cost of $9 / sq.feet. "House" at an average price of $9 / sq.feet has the highest price and would be directed at more affluent cities.