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.