The rent prices in real estate in Oak Park, 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 Park has risen during the last 6 months. In October, the average price per sq.feet was $2.67. In November this price barely changed remaining at $2.8 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $2.73 to $2.86 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 $2.8 to $2.9 during February y March
When referring to the price in Oak Park (cities), there have hardly been any changes in the last 6 months. The rent price in October is $2,334, rising in November till $2,454. In the following two months the average price has hardly changed with regard to the previous two months from $2,394 to $2,330. 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 $2,362 and $2,369.5 between February and March.
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 $2,336 they are 11 % more affordable than the average price for Oak Park . The properties with the highest average price have 4 bedrooms, Their price is 46 % more expensive than the average. After that we have properties with 2 bedrooms priced at $2,926.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $2.87 / sq.feet price in Oak Park. The properties with the most expensive average prices have 1 bedroom. They are 6 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.89 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,336 it is 30 % more affordable than the average price in Oak Park. "Condo" is seen as the second most affordable property type. The most expensive property type is "Townhouse" followed by "House". At a price of $2,273 it is 9 % more expensive than the average price.
According to the average area price by sq.feet the most affordable property type is "Condo with an average cost of $2 / sq.feet. "Condo" with an average price of $2 / sq.feet has the most affordable price and would be directed at less affluent cities.