Property prices for rent in Geneva (Illinois)
The rent prices in real estate in Geneva, in the Illinois region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Geneva has risen strongly during the last 6 months. In July, the average price per sq.feet was $1.36. In the following month the price per sq.feet rose considerably to $2.38. The price for the following two months in (September, October) had a considerable rise of 118 %. The price per sq.feet has had a considerable fall of 78 % 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 $2.04 to $1.59 during November, and December.
When referring to the price in Geneva (cities), this has risen considerably in the last 6 months. The average price during our first sample month during July, is $1,430. During August the price went through a considerable rise reaching $2,308. During the following two months (September, October) the average price had a considerable rise of 120 % 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 $2,053.5 to $1,580, which means a 77 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $1,559 they are 4 % more affordable than the average price for Geneva . The properties with the highest average price have 3 bedrooms, Their price is 14 % more expensive than the average. After that we have properties with 1 bedroom priced at $1,680.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $1.55 / sq.feet price in Geneva. The properties with the most expensive average prices have 1 bedroom. They are 29 % more expensive than the average followed by properties with 2 bedrooms with a price at $1 / sq.feet.
According to average price per property type in Geneva, "" priced at $1,496 is 4 % lower than the average price ($1,559) in this city.
