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 April, the average price per sq.feet was $1. In May this price barely changed remaining at $1 per sq.feet. The price for the following two months in (June, July) had a considerable rise of 2000 %. The price per sq.feet has had a considerable fall of 5 % 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 $10.5 to $0.5 during August, and September.
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 April, the average price is $1,011. In May This price remains at $1,011. In the following two months the average price has hardly changed with regard to the previous two months from $1,011 to $1,035.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,023.25 and $997 between August and September.
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 $1,009 they are 1 % more affordable than the average price for North Chicago . The properties with the lowest average price have 4 bedrooms, Their price is 1 % more affordable than the average. After that we have properties with 1 bedroom priced at $998.
With regard to the average prices per sq.feet those properties with 1 bedroom are 2147483647 % more expensive than the average price of ($14 / sq.feet) in North Chicago. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 2147483647 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "House" as the most expensive one. At an cost of $1,009 it is 5 % more expensive than the average price in North Chicago. "" is seen as the second most expensive property type. The most expensive property type is "" followed by "House". At a price of $1,057 it is 15 % more expensive 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 $17 / sq.feet. "House" at an average price of $17 / sq.feet has the highest price and would be directed at more affluent cities.