The rent prices in real estate in Naperville, 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.
The price per sq.feet in Naperville has risen during the last 6 months. In October, the average price per sq.feet was $1.61. In November this price barely changed remaining at $1.67 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.64 to $1.67 per sq.feet. The price per sq.feet has risen 108 % 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 $1.65 to $1.78 during February, and March.
When referring to the price in Naperville (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $1,626. In November This price remains at $1,632. In the following two months the average price has hardly changed with regard to the previous two months from $1,629 to $1,608.5. 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 $1,618.75 and $1,645 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 $1,662 they are 12 % more affordable than the average price for Naperville . The properties with the highest average price have 4 bedrooms, Their price is 94 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,712.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $1.81 / sq.feet price in Naperville. The properties with the most expensive average prices have 1 bedroom. They are 10 % more expensive than the average followed by properties with 3 bedrooms with a price at $1.82 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $1,662 it is 2 % more affordable than the average price in Naperville. "Condo" is seen as the second most affordable property type. The most expensive property type is "" followed by "Townhouse". At a price of $1,754 it is 8 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Townhouse" at an average price of $1 / sq.feet followed by "House" priced at $12 / sq.feet. "House" is the most expensive type of property with a $12 / sq.feet value followed by "Townhouse" with an average price of $1 / sq.feet.