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 August, the average price per sq.feet was $1.93. In the following month the price per sq.feet rose considerably to $2.23. In the following two months the price per sq.feet has practically remained the same, going from $2.08 to $2.17 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $2.13 to $2.07 during December y January
When referring to the price in Lake Forest (cities), this has fallen in the last 6 months. In our first sample month during August, the average price is $3,821. In September This price remains at $3,678. During the following two months (October, November) the average price fell 92 % 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 $3,599 and $3,761 between December and January.
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 $3,897 they are 49 % more affordable than the average price for Lake Forest . The properties with the highest average price have 4 bedrooms, Their price is 4 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,434.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $2.11 / sq.feet price in Lake Forest. The properties with the most affordable average prices have 1 bedroom. They are 5 % more affordable than the average followed by properties with 3 bedrooms with a price at $1 / sq.feet.
The graph displaying the average rent prices displays the property type "Townhouse" as the most affordable one. At an cost of $3,897 it is 14 % 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 "Detached House". At a price of $4,262 it is 10 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Detached House" at an average price of $1 / sq.feet followed by "House" priced at $2 / sq.feet. "Townhouse" is the most expensive type of property with a $82 / sq.feet value followed by "Commercial Property" with an average price of $7 / sq.feet.