The rent prices in real estate in Mount Vernon, 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 Mount Vernon has risen strongly during the last 6 months. In February, the average price per sq.feet was . In the following month the price per sq.feet rose considerably to . The price for the following two months in (April, May) had a considerable rise of 2147483647 %. The price per sq.feet has had a considerable rise of 400 % 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 $1.75 to $7 during June, and July.
When referring to the price in Mount Vernon (cities), there have hardly been any changes in the last 6 months. In our first sample month during February, the average price is $599. In March This price remains at $617. In the following two months the average price has hardly changed with regard to the previous two months from $608 to $599. 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 $603.5 and $592.5 between June and July.
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 $590 they are 7 % more affordable than the average price for Mount Vernon . The properties with the highest average price have 2 bedrooms, Their price is 11 % more expensive than the average. After that we have properties with 3 bedrooms priced at $610.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $4 / sq.feet, with an average $7 / sq.feet price in Mount Vernon. The properties with the most affordable average prices have 1 bedroom. They are 14 % more affordable than the average followed by properties with 2 bedrooms with a price at $4 / sq.feet.
According to average price per property type in Mount Vernon, "" priced at $610 is 3 % more expensive than the average price ($590) in this city.