Property prices for rent in New Lenox (Illinois)

The rent prices in real estate in New Lenox, 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.

$1,479.5
Average price last 6 months
$1.33
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in New Lenox has risen strongly during the last 6 months. In February, the average price per sq.feet was $1. In March this price barely changed remaining at $1 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1 to $1 per sq.feet. The price per sq.feet has had a considerable rise of 200 % 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 to $2 during June, and July.

Average price

When referring to the price in New Lenox (cities), this has fallen considerably in the last 6 months. The average price for February is $1,790. During March the price had a considerable fall till $1,403. During the following two months (April, May) the average price fell 92 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 90 %, going from $1,529.25 to $1,380 in June and July.

Average price per bedrooms

The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 5 % more affordable than the average price of $1,562 in New Lenox. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 5 % more affordable than the average aforementioned.

With regard to the average prices per sq.feet those properties with 1 bedroom are 1750 % more expensive than the average price of ($37 / sq.feet) in New Lenox. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 1750 % more expensive than the average value aforementioned.

Price per property type

The graph displaying the average rent prices displays the property type "Land" as the most affordable one. At an cost of $1,648 it is 6 % more affordable than the average price in New Lenox. "House" is seen as the second most affordable property type. The most expensive property type is "" followed by "Commercial". At a price of $1,635 it is 9 % more expensive than the average price.

According to the average cost per sq.feet, the least affordable property would be "Land" at an average price of $32 / sq.feet followed by "Commercial" priced at $35 / sq.feet. "House" is the most expensive type of property with a $37 / sq.feet value followed by "Commercial" with an average price of $35 / sq.feet.

Charts data
Average price July
Average price per sq.feet July
Number of properties used in New Lenox
Number of properties used in region Illinois
$1,648
$2
46
213,662
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value