Property prices for rent in North Chicago (Illinois)
The rent prices in real estate in North Chicago, 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 North Chicago has risen strongly during the last 6 months. In August, the average price per sq.feet was . In the following month the price per sq.feet rose considerably to $14.08. The price for the following two months in (October, November) had a considerable fall of 14 with regard to the previous two months. The price per sq.feet has had a considerable rise of 350 % 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 to $14 during December, and January.
When referring to the price in North Chicago (cities), this has risen considerably in the last 6 months. The average price during our first sample month during August, is . During September the price went through a considerable rise reaching $1,149. During the following two months (October, November) the average price had a considerable rise of 226 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has increased 115 % during the last two months.
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 $1,147 they are 14 % more affordable than the average price for North Chicago . The properties with the lowest average price have 4 bedrooms, Their price is 14 % more affordable than the average. After that we have properties with 1 bedroom priced at $984.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $1,147 it is 10 % more affordable than the average price in North Chicago. "" is seen as the second most affordable property type. The most affordable property is "" followed by "House". At a price of $1,029 it is 1 % more affordable than the average price.
According to the average area price by sq.feet the most affordable property type is "House with an average cost of $3 / sq.feet. "House" with an average price of $3 / sq.feet has the most affordable price and would be directed at less affluent cities.
