Property prices for rent in Lake Forest (Illinois)
The rent prices in real estate in Lake Forest, 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 Forest has risen during the last 6 months. In November, the average price per sq.feet was $2.38. In December this price barely changed remaining at $2.38 per sq.feet. In the following two months the price per sq.feet has risen 112 %, going from $2.38 to $2.65 per sq.feet. The price per sq.feet has risen 107 % 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 $2.52 to $2.69 during March, and April.
When referring to the price in Lake Forest (cities), this has risen in the last 6 months. The average price for November is $4,234. During December the price had a slight fall till $3,831. During the following two months (January, February) the price has had an average rise from $4,032.5 to $4,441.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 115 % 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 $4,669 they are 47 % more affordable than the average price for Lake Forest . The properties with the highest average price have 4 bedrooms, Their price is 46 % more expensive than the average. After that we have properties with 3 bedrooms priced at $4,183.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.97 / sq.feet, with an average $2.61 / sq.feet price in Lake Forest. The properties with the most expensive average prices have 3 bedrooms. They are 11 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.84 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $4,669 it is 20 % more affordable than the average price in Lake Forest. "House" is seen as the second most affordable property type. The most expensive property type is "" followed by "House". At a price of $4,986 it is 29 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $2.49 / sq.feet followed by "Apartment" priced at $2.7 / sq.feet. "Apartment" is the most expensive type of property with a $2.7 / sq.feet value followed by "House" with an average price of $2.49 / sq.feet.
