Property prices for rent in Morris (Illinois)
The rent prices in real estate in Morris, in the Illinois region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Morris has fallen during the last 6 months. In October, the average price per sq.feet was $1.27. In the following month the price per sq.feet rose considerably to $1.53. The price for the following two months in (December, January) had a considerable fall of 50 with regard to the previous two months. The price per sq.feet has had a considerable rise of 119 % 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 $1.05 to $1.25 during February, and March.
When referring to the price in Morris (cities), this has risen in the last 6 months. The average price for October is $1,013. During November the price had a considerable fall till $849. During the following two months (December, January) the average price had a considerable rise of 126 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 118 % during the last two months.
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 $1,328 they are 36 % more affordable than the average price for Morris . The properties with the lowest average price have 2 bedrooms, Their price is 13 % more affordable than the average. After that we have properties with 1 bedroom priced at $845.
According to average price per property type in Morris, "" priced at $1,155 is 13 % lower than the average price ($1,328) in this city.
