The rent prices in real estate in Olympia Fields, in the Illinois region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Olympia Fields has had a strong fall during the last 6 months. In November, the average price per sq.feet was $33. In December this price barely changed remaining at $33 per sq.feet. The price for the following two months in (January, February) had a considerable fall of 73 with regard to the previous two months. The price per sq.feet has had a considerable fall of 84 % 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 $28.5 to $24 during March, and April.
When referring to the price in Olympia Fields (cities), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $1,905. In December This price remains at $1,905. During the following two months (January, February) the price has had an average rise from $1,905 to $2,013. 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 $1,959 and $2,013 between March and April.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 7 % more affordable than the average price of $1,867 in Olympia Fields. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 7 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 42 % more affordable than the average price of ($14 / sq.feet) in Olympia Fields. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 42 % more affordable than the average value aforementioned.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $2,013 it is 7 % more affordable than the average price in Olympia Fields. "" is seen as the second most affordable property type. The most expensive property type is "" followed by "House". At a price of $1,867 it is 9 % more expensive 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 $14 / sq.feet. "House" with an average price of $14 / sq.feet has the most affordable price and would be directed at less affluent cities.