The rent prices in real estate in Milan, 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 Milan has risen during the last 6 months. In November, the average price per sq.feet was $1.15. In the following month the price per sq.feet rose to $1.26. In the following two months the price per sq.feet has practically remained the same, going from $1.21 to $1.25 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $1.23 to $1.25 during March y April
When referring to the price in Milan (cities), this has risen considerably in the last 6 months. The average price during our first sample month during November, is $989. During December the price went through a considerable rise reaching $1,318. During the following two months (January, February) the price has had an average rise from $1,153.5 to $1,311.5. 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 $1,232.5 and $1,271 between March and April.
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 $1,265 they are 40 % more affordable than the average price for Milan . The properties with the highest average price have 4 bedrooms, Their price is 0 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,017.
According to average price per property type in Milan, "" priced at $1,105 is 13 % lower than the average price ($1,265) in this city.