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 October, the average price per sq.feet was . In the following month the price per sq.feet rose considerably to $6. The price for the following two months in (December, January) had a considerable rise of 200 %. The price per sq.feet has had a considerable fall of 0 % 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 $4.5 to during February, and March.
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 October, the average price is $601. In November This price remains at $595. In the following two months the average price has hardly changed with regard to the previous two months from $598 to $591.5. 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 $594.75 and $606 between February and March.
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 $615 they are 12 % more affordable than the average price for Mount Vernon . The properties with the highest average price have 2 bedrooms, Their price is 5 % more expensive than the average. After that we have properties with 3 bedrooms priced at $602.
According to average price per property type in Mount Vernon, "" priced at $602 is 2 % lower than the average price ($615) in this city.