The rent prices in real estate in Lake Bluff, 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 Lake Bluff has fallen during the last 6 months. In October, the average price per sq.feet was $2.24. In the following month the price per sq.feet fell to $2.11. The price for the following two months in (December, January) fell 89 % with regard to the previous two months. The price per sq.feet has risen 105 % 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 $2.06 to $2.16 during February, and March.
When referring to the price in Lake Bluff (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $2,275. In November This price remains at $2,337. In the following two months the average price has hardly changed with regard to the previous two months from $2,306 to $2,379. 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 $2,342.5 and $2,293.5 between February and March.
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 $2,168 they are 10 % more affordable than the average price for Lake Bluff . The properties with the highest average price have 4 bedrooms, Their price is 103 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,025.
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 $2.43 / sq.feet price in Lake Bluff. The properties with the most expensive average prices have 3 bedrooms. They are 18 % more expensive than the average followed by properties with 1 bedroom with a price at $2.62 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $2,168 it is 18 % more affordable than the average price in Lake Bluff. "House" is seen as the second most affordable property type. The most expensive property type is "" followed by "House". At a price of $3,753 it is 118 % more expensive than the average price.
According to the average area price by sq.feet the most affordable property type is "House with an average cost of $1 / sq.feet. "House" with an average price of $1 / sq.feet has the most affordable price and would be directed at less affluent cities.