The rent prices in real estate in Joliet, in the Illinois region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Joliet has fallen during the last 6 months. In March, the average price per sq.feet was $1.67. In April this price barely changed remaining at $1.67 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.67 to $1.65 per sq.feet. The price per sq.feet has fallen 89 % 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 $1.66 to $1.48 during July, and August.
When referring to the price in Joliet (cities), there have hardly been any changes in the last 6 months. In our first sample month during March, the average price is $1,907. In April This price remains at $1,903. In the following two months the average price has hardly changed with regard to the previous two months from $1,905 to $1,932.5. 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 $1,918.75 and $1,943.5 between July and August.
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 $1,898 they are 36 % more affordable than the average price for Joliet . The properties with the highest average price have 4 bedrooms, Their price is 37 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,206.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.1 / sq.feet, with an average $1.52 / sq.feet price in Joliet. The properties with the most expensive average prices have 1 bedroom. They are 30 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.54 / sq.feet.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $1,898 it is 24 % more affordable than the average price in Joliet. "House" is seen as the second most affordable property type. The most expensive property type is "" followed by "House". At a price of $2,134 it is 13 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $1.41 / sq.feet followed by "Condo" priced at $1.75 / sq.feet. "Condo" is the most expensive type of property with a $1.75 / sq.feet value followed by "House" with an average price of $1.41 / sq.feet.