The rent prices in real estate in Lake Forest, in the Illinois region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.feet in Lake Forest has barely changed in the last 6 months. In February, the average price per sq.feet was $2.48. In March this price barely changed remaining at $2.52 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $2.5 to $2.53 per sq.feet. The price per sq.feet has fallen 95 % 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 $2.51 to $2.38 during June, and July.
When referring to the price in Lake Forest (cities), this has fallen in the last 6 months. The average price for February is $3,695. During March the price had a slight fall till $3,443. During the following two months (April, May) the average price fell 89 % with regard to the previous two months. 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 $3,373.5 and $3,446.5 between June and July.
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 $3,582 they are 45 % more affordable than the average price for Lake Forest . The properties with the highest average price have 3 bedrooms, Their price is 20 % more expensive than the average. After that we have properties with 4 bedrooms priced at $4,032.
With regard to the average prices per sq.feet those properties with 1 bedroom are 54 % more affordable than the average price of ($1 / sq.feet) in Lake Forest. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 54 % more affordable than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Townhouse" as the most affordable one. At an cost of $3,582 it is 8 % more affordable than the average price in Lake Forest. "" is seen as the second most affordable property type. The most expensive property type is "Commercial Property" followed by "". At a price of $3,530 it is 19 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Commercial Property" at an average price of $1 / sq.feet followed by "Townhouse" priced at $76 / sq.feet. "Townhouse" is the most expensive type of property with a $76 / sq.feet value followed by "Commercial Property" with an average price of $1 / sq.feet.