Property prices for rent in New Lenox (Illinois)
The rent prices in real estate in New Lenox, 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.
The price per sq.feet in New Lenox has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1.79. In the following month the price per sq.feet fell considerably to $1. The price for the following two months in (December, January) had a considerable fall of 72 with regard to the previous two months. The price per sq.feet has had a considerable rise of 150 % 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 $1.2 to $1.8 during February, and March.
When referring to the price in New Lenox (cities), there have hardly been any changes in the last 6 months. The average price for October is $1,443. During November the price had a considerable fall till $1,196. In the following two months the average price has hardly changed with regard to the previous two months from $1,319.5 to $1,378. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 128 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 38 % more affordable than the average price of $1,556 in New Lenox. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 38 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 2025 % more expensive than the average price of ($34 / 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 2025 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $2,515 it is 39 % more affordable than the average price in New Lenox. "House" is seen as the second most affordable property type. The most affordable property is "" followed by "Commercial". At a price of $1,619 it is 29 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Commercial" at an average price of $27 / sq.feet followed by "Condo" priced at $29 / sq.feet. "House" is the most expensive type of property with a $34 / sq.feet value followed by "Condo" with an average price of $29 / sq.feet.
