The rent prices in real estate in Manteno, 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 Manteno has risen strongly during the last 6 months. In October, the average price per sq.feet was $1.33. In November this price barely changed remaining at $1.34 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.34 to $1.34 per sq.feet. The price per sq.feet has had a considerable rise of 598 % 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 $1.34 to $8 during February, and March.
When referring to the price in Manteno (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $1,100. In November This price remains at $1,050. In the following two months the average price has hardly changed with regard to the previous two months from $1,075 to $1,025. 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 $1,050 and $1,088 between 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 $1,198 they are 36 % more affordable than the average price for Manteno . The properties with the lowest average price have 2 bedrooms, Their price is 30 % more affordable than the average. After that we have properties with 1 bedroom priced at $768.
According to average price per property type in Manteno, "" priced at $841 is 30 % lower than the average price ($1,198) in this city.