The rent prices in real estate in Glen Ellyn, 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 Glen Ellyn has risen strongly during the last 6 months. In January, the average price per sq.feet was $1.53. In the following month the price per sq.feet rose considerably to $2.2. The price for the following two months in (March, April) had a considerable rise of 121 %. The price per sq.feet has risen 105 % 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 $2.06 to $2.17 during May, and June.
When referring to the price in Glen Ellyn (cities), this has risen considerably in the last 6 months. The average price during our first sample month during January, is $1,397. During February the price went through a considerable rise reaching $2,710. During the following two months (March, April) the average price had a considerable rise of 133 % with regard to the previous two months. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $2,389.25 and $2,343 between May and June.
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 $2,210 they are 46 % more affordable than the average price for Glen Ellyn . The properties with the highest average price have 2 bedrooms, Their price is 29 % more expensive than the average. After that we have properties with 4 bedrooms priced at $2,472.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $2.15 / sq.feet price in Glen Ellyn. The properties with the most expensive average prices have 2 bedrooms. They are 7 % more expensive than the average followed by properties with 1 bedroom with a price at $1.92 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,210 it is 45 % more affordable than the average price in Glen Ellyn. "House" is seen as the second most affordable property type. The most expensive property type is "Townhouse" followed by "Condo". At a price of $1,441 it is 5 % more expensive than the average price.
According to the average area price by sq.feet the most affordable property type is "House with an average cost of $1 / sq.feet. "House" with an average price of $1 / sq.feet has the most affordable price and would be directed at less affluent cities.