The rent prices in real estate in Lockport, 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 Lockport has risen during the last 6 months. In October, the average price per sq.feet was $1.33. In the following month the price per sq.feet rose to $1.5. In the following two months the price per sq.feet has practically remained the same, going from $1.41 to $1.43 per sq.feet. The price per sq.feet has risen 109 % 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 $1.42 to $1.55 during February, and March.
When referring to the price in Lockport (cities), there have hardly been any changes in the last 6 months. The rent price in October is $1,599, rising in November till $1,685. During the following two months (December, January) the average price had a considerable fall of 84 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has increased 105 % 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 $1,710 they are 32 % more affordable than the average price for Lockport . The properties with the lowest average price have 3 bedrooms, Their price is 8 % more affordable than the average. After that we have properties with 4 bedrooms priced at $1,550.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,710 it is 9 % more affordable than the average price in Lockport. "Condo" is seen as the second most affordable property type. The most affordable property is "Condo" followed by "". At a price of $1,550 it is 2 % more affordable than the average price.
According to the average area price by sq.feet the most expensive property type is "Condo with an average cost of $28 / sq.feet. "Condo" at an average price of $28 / sq.feet has the highest price and would be directed at more affluent cities.