Property prices for rent in Marengo (Illinois)

The rent prices in real estate in Marengo, 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.

$1,740.33
Average price last 6 months
$1
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Marengo has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1.25. In the following month the price per sq.feet rose to $1.37. The price for the following two months in (December, January) fell 90 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 40 % 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 $1.25 to $0.5 during February, and March.

Average price

When referring to the price in Marengo (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is $1,425. During November the price went through a considerable rise reaching $1,775. During the following two months (December, January) the average price had a considerable rise of 120 % with regard to the previous two months. 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 $1,759.5 and $1,702 between February and March.

Average price per bedrooms

The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 24 % more affordable than the average price of $1,292 in Marengo. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 24 % more affordable than the average aforementioned.

Price per property type

According to average price per property type in Marengo, "" priced at $1,292 is 24 % lower than the average price ($1,695) in this city.

Charts data
Average price March
Average price per sq.feet March
Number of properties used in Marengo
Number of properties used in region Illinois
$1,695
$1
56
538,322
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value