The rent prices in real estate in Morton, 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 Morton has risen strongly during the last 6 months. In March, the average price per sq.feet was $0.79. In April this price barely changed remaining at $0.79 per sq.feet. The price for the following two months in (May, June) had a considerable fall of 50 with regard to the previous two months. The price per sq.feet has had a considerable rise of 518 % 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 $0.59 to $3.07 during July, and August.
When referring to the price in Morton (cities), this has risen considerably in the last 6 months. In our first sample month during March, the average price is $690. In April This price remains at $690. During the following two months (May, June) the price has had an average rise from $690 to $783.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 135 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 22 % more affordable than the average price of $872 in Morton. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 22 % more affordable than the average aforementioned.
According to average price per property type in Morton, "" priced at $872 is 22 % lower than the average price ($1,118) in this city.