The rent prices in real estate in Lincolnwood, 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 Lincolnwood has fallen during the last 6 months. In October, the average price per sq.feet was $1.82. In November this price barely changed remaining at $1.77 per sq.feet. The price for the following two months in (December, January) had a considerable fall of 78 with regard to the previous two months. The price per sq.feet has risen 113 % 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 $1.6 to $1.81 during February, and March.
When referring to the price in Lincolnwood (cities), this has fallen in the last 6 months. In our first sample month during October, the average price is $3,278. In November This price remains at $3,145. In the following two months the average price has hardly changed with regard to the previous two months from $3,211.5 to $3,086. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 94 %, going from $3,148.75 to $2,951.5 in 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 $3,478 they are 63 % more affordable than the average price for Lincolnwood . The properties with the lowest average price have 2 bedrooms, Their price is 20 % more affordable than the average. After that we have properties with 1 bedroom priced at $1,281.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $1 / sq.feet, with an average $1.91 / sq.feet price in Lincolnwood. The properties with the most expensive average prices have 2 bedrooms. They are 1366 % more expensive than the average followed by properties with 1 bedroom with a price at $1 / sq.feet.
With regard to the average price based upon the property in Lincolnwood we can see that the most affordable property type is "House" at a price of $2,794, they are 20 % cheaper than the average price of (!PRECIO2!). "House" has the most affordable price. This price is 20 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most expensive property type is "House with an average cost of $28 / sq.feet. "House" at an average price of $28 / sq.feet has the highest price and would be directed at more affluent cities.