The rent prices in real estate in Makanda, in the Illinois region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Makanda has had a strong fall during the last 6 months. In November, the average price per sq.feet was $2. In December this price barely changed remaining at $2 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $2 to $2 per sq.feet. The price per sq.feet has had a considerable fall of 25 % 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 to $0.5 during March, and April.
When referring to the price in Makanda (cities), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $539. In December This price remains at $539. In the following two months the average price has hardly changed with regard to the previous two months from $539 to $539. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 93 %, going from $539 to $500.5 in March and April.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 8 % more affordable than the average price of $494 in Makanda. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 8 % more affordable than the average aforementioned.
According to average price per property type in Makanda, "" priced at $507 is 6 % lower than the average price ($538) in this city.