The rent prices in real estate in Marion, 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 Marion has had a strong fall during the last 6 months. In November, the average price per sq.feet was $0.94. In December this price barely changed remaining at $0.94 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $0.94 to $0.95 per sq.feet. The price per sq.feet has had a considerable fall of 44 % 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 $0.94 to $0.42 during March, and April.
When referring to the price in Marion (cities), this has risen in the last 6 months. The average price during our first sample month during November, is $940. During December the price went through a considerable rise reaching $1,141. In the following two months the average price has hardly changed with regard to the previous two months from $1,040.5 to $1,088. During the last two months the average price has fallen greatly compared to the previous four going from $1,064.25 to $895.5, which means a 84 % fall.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 32 % more expensive than the average price of $1,161 in Marion. Based on the bedrooms values, properties with the most expensive rent prices are those with 1 bedroom. They are 32 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 2147483647 % more expensive than the average price of ($6 / sq.feet) in Marion. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 2147483647 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $877 it is 9 % more affordable than the average price in Marion. "House" is seen as the second most affordable property type. The most expensive property type is "House" followed by "". At a price of $794 it is 32 % more expensive than the average price.
According to the average area price by sq.feet the most expensive property type is "House with an average cost of $6 / sq.feet. "House" at an average price of $6 / sq.feet has the highest price and would be directed at more affluent cities.