The rent prices in real estate in Oak Forest, 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 Forest has risen during the last 6 months. In August, the average price per sq.feet was $1.19. In the following month the price per sq.feet rose considerably to $1.38. In the following two months the price per sq.feet has practically remained the same, going from $1.28 to $1.33 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $1.31 to $1.33 during December y January
When referring to the price in Oak Forest (cities), this has risen in the last 6 months. In our first sample month during August, the average price is $1,213. In September This price remains at $1,265. During the following two months (October, November) the price has had an average rise from $1,239 to $1,398. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 91 %, going from $1,318.5 to $1,202 in December and January.
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 $1,171 they are 24 % more affordable than the average price for Oak Forest . The properties with the highest average price have 2 bedrooms, Their price is 39 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,435.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $1.17 / sq.feet, with an average $1.3 / sq.feet price in Oak Forest. The properties with the most expensive average prices have 3 bedrooms. They are 2977 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.52 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most expensive one. At an cost of $1,171 it is 22 % more expensive than the average price in Oak Forest. "Condo" is seen as the second most expensive property type. The most expensive property type is "House" followed by "Condo". At a price of $1,425 it is 23 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "Condo" at an average price of $35 / sq.feet followed by "House" priced at $40 / sq.feet. "House" is the most expensive type of property with a $40 / sq.feet value followed by "Condo" with an average price of $35 / sq.feet.