The rent prices in real estate in Lake Bluff, in the Illinois region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Lake Bluff has risen during the last 6 months. In February, the average price per sq.feet was $1.89. In the following month the price per sq.feet fell to $1.65. The price for the following two months in (April, May) had a considerable rise of 168 %. The price per sq.feet has had a considerable fall of 68 % 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 $2.37 to $1.61 during June, and July.
When referring to the price in Lake Bluff (cities), this has risen considerably in the last 6 months. In our first sample month during February, the average price is $1,523. In March This price remains at $1,461. During the following two months (April, May) the average price had a considerable rise of 174 % 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 130 % 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 $2,620 they are 49 % more affordable than the average price for Lake Bluff . The properties with the highest average price have 3 bedrooms, Their price is 3 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,431.
According to average price per property type in Lake Bluff, "" priced at $1,385 is 47 % lower than the average price ($2,620) in this city.