The rent prices in real estate in Island Lake, 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 Island Lake has risen strongly during the last 6 months. In May, the average price per sq.feet was . In the following month the price per sq.feet rose considerably to . The price for the following two months in (July, August) had a considerable rise of 2147483647 %. The price per sq.feet has had a considerable fall of 10 % 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 $5 to $0.52 during September, and October.
When referring to the price in Island Lake (cities), there have hardly been any changes in the last 6 months. In our first sample month during May, the average price is $1,500. In June This price remains at $1,566. In the following two months the average price has hardly changed with regard to the previous two months from $1,533 to $1,575.5. 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 $1,554.25 and $1,567 between September and October.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 10 % more affordable than the average price of $1,498 in Island Lake. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 10 % more affordable than the average aforementioned.
According to average price per property type in Island Lake, "" priced at $1,498 is 10 % lower than the average price ($1,663) in this city.