The rent prices in real estate in Herrin, 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 Herrin has had a strong fall during the last 6 months. In December, the average price per sq.feet was $0.9. In January this price barely changed remaining at $0.87 per sq.feet. In the following two months the price per sq.feet has risen 113 %, going from $0.88 to $1 per sq.feet. The price per sq.feet has had a considerable fall of 0 % 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 $0.94 to during April, and May.
When referring to the price in Herrin (cities), this has risen in the last 6 months. In our first sample month during December, the average price is $679. In January This price remains at $649. During the following two months (February, March) the average price had a considerable rise of 125 % 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 $748 and $757 between April and May.
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 $715 they are 3 % more affordable than the average price for Herrin . The properties with the highest average price have 2 bedrooms, Their price is 32 % more expensive than the average. After that we have properties with 1 bedroom priced at $696.
According to average price per property type in Herrin, "" priced at $946 is 32 % more expensive than the average price ($715) in this city.