The rent prices in real estate in Lake Villa, in the Illinois region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Lake Villa has risen strongly during the last 6 months. In October, the average price per sq.feet was $1.35. In the following month the price per sq.feet rose considerably to $2.3. In the following two months the price per sq.feet has risen 112 %, going from $1.83 to $2.04 per sq.feet. The price per sq.feet has had a considerable rise of 157 % 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 $1.93 to $3.03 during February, and March.
When referring to the price in Lake Villa (cities), this has risen in the last 6 months. The rent price in October is $2,506, rising in November till $2,643. In the following two months the average price has hardly changed with regard to the previous two months from $2,574.5 to $2,684. Based on an analysis of the first four prices and the last two months the average price has increased 111 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 3 bedrooms are the most affordable ones. At a price of $3,326 they are 35 % more affordable than the average price for Lake Villa . The properties with the highest average price have 2 bedrooms, Their price is 3 % more expensive than the average. After that we have properties with 1 bedroom priced at $2,739.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most expensive ones at a cost of $3.7 / sq.feet, with an average $3.43 / sq.feet price in Lake Villa. The properties with the most expensive average prices have 1 bedroom. They are 34 % more expensive than the average followed by properties with 2 bedrooms with a price at $3.7 / sq.feet.
According to average price per property type in Lake Villa, "" priced at $1,137 is 66 % lower than the average price ($3,326) in this city.