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.
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.
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.
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.
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.