Property prices for rent in Island Lake (Illinois)

The price per sq.feet in Island Lake has had a strong fall during the last 6 months. In November, the average price per sq.feet was $1.71. In the following month the price per sq.feet fell considerably to $1.42. The price for the following two months in (January, February) had a considerable fall of 78 with regard to the previous two months. The price per sq.feet has had a considerable fall of 36 % 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 $1.39 to $0.5 during March, and April.

When referring to the price in Island Lake (cities), there have hardly been any changes in the last 6 months. The average price during our first sample month during November, is $1,650. During December the price went through a considerable rise reaching $2,029. During the following two months (January, February) the average price had a considerable fall of 77 % 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 $1,629.5 and $1,679 between March and April.

The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 31 % more affordable than the average price of $1,420 in Island Lake. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 31 % more affordable than the average aforementioned.

According to average price per property type in Island Lake, "" priced at $1,420 is 31 % lower than the average price ($2,072) in this city.