Property prices for rent in Homewood (Illinois)

The rent prices in real estate in Homewood, 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.

$1,511.17
Average price last 6 months
$34.75
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Homewood has risen strongly during the last 6 months. In January, the average price per sq.feet was $1.34. In the following month the price per sq.feet rose to $1.52. The price for the following two months in (March, April) had a considerable rise of 2058 %. The price per sq.feet has had a considerable rise of 476 % 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 $15.43 to $73.39 during May, and June.

Average price

When referring to the price in Homewood (cities), this has risen in the last 6 months. The average price during our first sample month during January, is $1,383. During February the price went through a considerable rise reaching $1,815. During the following two months (March, April) the average price fell 94 % 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 $1,550.25 to $1,433 in May and June.

Average price per bedrooms

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 $1,573 they are 31 % more affordable than the average price for Homewood . The properties with the highest average price have 3 bedrooms, Their price is 1 % more expensive than the average. After that we have properties with 4 bedrooms priced at $1,420.

With regard to the average prices per sq.feet those properties with 1 bedroom are 98 % more affordable than the average price of ($1 / sq.feet) in Homewood. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 98 % more affordable than the average value aforementioned.

Price per property type

The graph displaying the average rent prices displays the property type "Townhouse" as the most affordable one. At an cost of $1,573 it is 17 % more affordable than the average price in Homewood. "Condo" is seen as the second most affordable property type. The most affordable property is "" followed by "Condo". At a price of $1,311 it is 10 % more affordable than the average price.

According to the average cost per sq.feet, the most affordable property is "Townhouse" at an average price of $3 / sq.feet followed by "Condo" priced at $8 / sq.feet. "Condo" is the most affordable type of property with a $8 / sq.feet value followed by "Townhouse" with an average price of $3 / sq.feet.

Charts data
Average price June
Average price per sq.feet June
Number of properties used in Homewood
Number of properties used in region Illinois
$1,573
$59.01
90
198,994
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value