The rent prices in real estate in Geneva, 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 Geneva has risen during the last 6 months. In March, the average price per sq.feet was $1.51. In April this price barely changed remaining at $1.48 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.5 to $1.5 per sq.feet. The price per sq.feet has had a considerable rise of 125 % 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 $1.5 to $1.87 during July, and August.
When referring to the price in Geneva (cities), this has risen in the last 6 months. In our first sample month during March, the average price is $1,531. In April This price remains at $1,495. In the following two months the average price has hardly changed with regard to the previous two months from $1,513 to $1,486.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 125 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 3 bedrooms are the most affordable ones. At a price of $2,308 they are 35 % more affordable than the average price for Geneva . The properties with the highest average price have 2 bedrooms, Their price is 43 % more expensive than the average. After that we have properties with 1 bedroom priced at $2,247.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most expensive ones at a cost of $2.58 / sq.feet, with an average $2.38 / sq.feet price in Geneva. The properties with the most expensive average prices have 1 bedroom. They are 37 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.58 / sq.feet.
According to average price per property type in Geneva, "" priced at $1,494 is 35 % lower than the average price ($2,308) in this city.