The rent prices in real estate in Godfrey, 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 Godfrey has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1.24. In the following month the price per sq.feet fell to $1.13. The price for the following two months in (December, January) had a considerable fall of 84 with regard to the previous two months. The price per sq.feet has fallen 91 % 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 $1.09 to $0.99 during February, and March.
When referring to the price in Godfrey (cities), this has fallen considerably in the last 6 months. The average price for October is $1,449. During November the price had a slight fall till $1,329. During the following two months (December, January) the average price had a considerable fall of 84 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 92 %, going from $1,279.25 to $1,176.5 in February and March.
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 $1,262 they are 35 % more affordable than the average price for Godfrey . The properties with the highest average price have 3 bedrooms, Their price is 77 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,084.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $0.98 / sq.feet, with an average $1.05 / sq.feet price in Godfrey. The properties with the most expensive average prices have 3 bedrooms. They are 10 % more expensive than the average followed by properties with 1 bedroom with a price at $0.98 / sq.feet.
According to average price per property type in Godfrey, "" priced at $957 is 24 % lower than the average price ($1,262) in this city.