Property prices for rent in Mount Vernon (Illinois)

The rent prices in real estate in Mount Vernon, in the Illinois region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.

$601
Average price last 6 months
$4.5
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Mount Vernon has had a strong fall during the last 6 months. In July, the average price per sq.feet was $8.62. In the following month the price per sq.feet fell considerably to $0.81. The price for the following two months in (September, October) had a considerable fall of 17 with regard to the previous two months. The price per sq.feet has had a considerable rise of 290 % 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 $2.76 to $8 during November, and December.

Average price

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 July, the average price is $592. In August This price remains at $600. In the following two months the average price has hardly changed with regard to the previous two months from $596 to $610.5. 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 $603.25 and $596.5 between November and December.

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 $596 they are 8 % more affordable than the average price for Mount Vernon . The properties with the highest average price have 2 bedrooms, Their price is 10 % more expensive than the average. After that we have properties with 3 bedrooms priced at $612.

With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $6 / sq.feet, with an average $8 / sq.feet price in Mount Vernon. The properties with the most affordable average prices have 1 bedroom. They are 0 % more affordable than the average followed by properties with 2 bedrooms with a price at $6 / sq.feet.

Price per property type

According to average price per property type in Mount Vernon, "" priced at $612 is 3 % more expensive than the average price ($596) in this city.

Charts data
Average price December
Average price per sq.feet December
Number of properties used in Mount Vernon
Number of properties used in region Illinois
$596
$8
164
176,024
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value