The rent prices in real estate in Kankakee, 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 Kankakee has fallen during the last 6 months. In September, the average price per sq.feet was $1.38. In October this price barely changed remaining at $1.33 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.36 to $1.37 per sq.feet. The price per sq.feet has fallen 91 % 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 $1.36 to $1.24 during January, and February.
When referring to the price in Kankakee (cities), there have hardly been any changes in the last 6 months. In our first sample month during September, the average price is $1,233. In October This price remains at $1,220. In the following two months the average price has hardly changed with regard to the previous two months from $1,226.5 to $1,186. 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 $1,206.25 and $1,172.5 between January and February.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $1,181 they are 5 % more affordable than the average price for Kankakee . The properties with the highest average price have 4 bedrooms, Their price is 60 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,456.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.1 / sq.feet, with an average $1.2 / sq.feet price in Kankakee. The properties with the most expensive average prices have 1 bedroom. They are 13 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.15 / sq.feet.
According to average price per property type in Kankakee, "" priced at $1,284 is 9 % more expensive than the average price ($1,181) in this city.