The rent prices in real estate in La Grange, 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 La Grange has risen strongly during the last 6 months. In November, the average price per sq.feet was $1.94. In December this price barely changed remaining at $1.96 per sq.feet. The price for the following two months in (January, February) had a considerable rise of 117 %. The price per sq.feet has had a considerable rise of 118 % 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 $2.12 to $2.49 during March, and April.
When referring to the price in La Grange (cities), this has risen considerably in the last 6 months. The rent price in November is $1,793, rising in December till $1,911. During the following two months (January, February) the average price had a considerable rise of 115 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 120 % during the last two months.
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 $2,503 they are 19 % more affordable than the average price for La Grange . The properties with the highest average price have 4 bedrooms, Their price is 48 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,684.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $2.54 / sq.feet price in La Grange. The properties with the most expensive average prices have 1 bedroom. They are 2 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.34 / sq.feet.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $2,503 it is 32 % more affordable than the average price in La Grange. "House" is seen as the second most affordable property type. The most affordable property is "Townhouse" followed by "". At a price of $2,369 it is 0 % more affordable than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $1 / sq.feet followed by "House" priced at $2 / sq.feet. "House" is the most affordable type of property with a $2 / sq.feet value followed by "Condo" with an average price of $1 / sq.feet.