Property prices for rent in Morton Grove (Illinois)

The rent prices in real estate in Morton Grove, 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.

$2,354.67
Average price last 6 months
$1.51
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Morton Grove has risen during the last 6 months. In November, the average price per sq.feet was $1.4. In the following month the price per sq.feet rose to $1.51. In the following two months the price per sq.feet has risen 111 %, going from $1.46 to $1.62 per sq.feet. The price per sq.feet has fallen 94 % 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 $1.54 to $1.45 during March, and April.

Average price

When referring to the price in Morton Grove (cities), there have hardly been any changes in the last 6 months. The average price for November is $2,269. During December the price had a considerable fall till $1,739. During the following two months (January, February) the price has had an average rise from $2,004 to $2,217.5. 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.

Average price per bedrooms

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 $2,660 they are 38 % more affordable than the average price for Morton Grove . The properties with the lowest average price have 4 bedrooms, Their price is 31 % more affordable than the average. After that we have properties with 1 bedroom priced at $1,651.

With regard to the average price per sq.feet, those properties with 1 bedroom are the most expensive ones at a cost of $20 / sq.feet, with an average $1.51 / sq.feet price in Morton Grove. The properties with the most expensive average prices have 4 bedrooms. They are 2350 % more expensive than the average followed by properties with 1 bedroom with a price at $20 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $2,660 it is 31 % more affordable than the average price in Morton Grove. "Farm" is seen as the second most affordable property type. The most affordable property is "Condo" followed by "Farm". At a price of $2,047 it is 9 % more affordable than the average price.

According to the average cost per sq.feet, the least affordable property would be "Farm" at an average price of $20 / sq.feet followed by "House" priced at $37 / sq.feet. "Condo" is the most expensive type of property with a $47 / sq.feet value followed by "House" with an average price of $37 / sq.feet.

Charts data
Average price April
Average price per sq.feet April
Number of properties used in Morton Grove
Number of properties used in region Illinois
$2,660
$1.51
84
445,122
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value