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 November, the average price per sq.feet was $1. In the following month the price per sq.feet rose considerably to $1.23. In the following two months the price per sq.feet has risen 109 %, going from $1.12 to $1.22 per sq.feet. The price per sq.feet has fallen 94 % 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 $1.16 to $1.1 during March, and April.
When referring to the price in North Chicago (cities), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $1,221. In December This price remains at $1,225. In the following two months the average price has hardly changed with regard to the previous two months from $1,223 to $1,271. Based on an analysis of the first four prices and the last two months the average price has increased 105 % 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 $1,050 they are 6 % more affordable than the average price for North Chicago . The properties with the lowest average price have 4 bedrooms, Their price is 6 % 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 "" as the most affordable one. At an cost of $1,050 it is 3 % more affordable than the average price in North Chicago. "House" is seen as the second most affordable property type. The most affordable property is "House" followed by "". At a price of $1,019 it is 2 % more affordable than the average price.
According to the average area price by sq.feet the most expensive property type is "House with an average cost of $3 / sq.feet. "House" at an average price of $3 / sq.feet has the highest price and would be directed at more affluent cities.
