The rent prices in real estate in Oak Brook, in the Illinois region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Oak Brook has risen during the last 6 months. In March, the average price per sq.feet was $3.26. In April this price barely changed remaining at $3.31 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $3.29 to $3.29 per sq.feet. The price per sq.feet has risen 112 % 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 $3.29 to $3.66 during July, and August.
When referring to the price in Oak Brook (cities), this has risen in the last 6 months. In our first sample month during March, the average price is $3,246. In April This price remains at $3,270. During the following two months (May, June) the price has had an average rise from $3,258 to $3,536.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 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 $4,174 they are 31 % more affordable than the average price for Oak Brook . The properties with the highest average price have 3 bedrooms, Their price is 54 % more expensive than the average. After that we have properties with 2 bedrooms priced at $4,783.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $3.53 / sq.feet, with an average $3.75 / sq.feet price in Oak Brook. The properties with the most expensive average prices have 2 bedrooms. They are 4 % more expensive than the average followed by properties with 1 bedroom with a price at $3.68 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $4,174 it is 24 % more affordable than the average price in Oak Brook. "Land" is seen as the second most affordable property type. The most affordable property is "Land" followed by "". At a price of $3,159 it is 17 % more affordable than the average price.
According to the average area price by sq.feet the most expensive property type is "Land with an average cost of $136 / sq.feet. "Land" at an average price of $136 / sq.feet has the highest price and would be directed at more affluent cities.