The rent prices in real estate in Herrin, 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 Herrin has risen strongly during the last 6 months. In July, the average price per sq.feet was . In the following month the price per sq.feet rose considerably to $3. The price for the following two months in (September, October) had a considerable fall of 58 with regard to the previous two months. The price per sq.feet has had a considerable fall of 38 % 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 $1.18 to $0.45 during November, and December.
When referring to the price in Herrin (cities), this has risen considerably in the last 6 months. The average price during our first sample month during July, is $649. During August the price went through a considerable rise reaching $966. During the following two months (September, October) the average price fell 93 % 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 90 %, going from $778.75 to $697.5 in November and December.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most expensive ones. At a price of $679 they are 3 % more expensive than the average price for Herrin. Following this ranking we find those properties with 2 at an average price of $951. The properties with the highest average price have 2 bedrooms, Their price is 40 % more expensive than the average. After that we have properties with 1 bedroom priced at $700.
With regard to the average prices per sq.feet those properties with 1 bedroom are 3 % more expensive than the average price of ($0.93 / sq.feet) in Herrin. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 3 % more expensive than the average value aforementioned.
According to average price per property type in Herrin, "" priced at $951 is 40 % more expensive than the average price ($679) in this city.