Property prices for rent in Palos Hills (Illinois)

The rent prices in real estate in Palos Hills, 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.

$2,294.5
Average price last 6 months
$1.64
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Palos Hills has risen strongly during the last 6 months. In November, the average price per sq.feet was $1.37. In December this price barely changed remaining at $1.33 per sq.feet. The price for the following two months in (January, February) had a considerable rise of 119 %. The price per sq.feet has had a considerable rise of 134 % 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 $1.48 to $1.98 during March, and April.

Average price

When referring to the price in Palos Hills (cities), this has risen considerably in the last 6 months. The average price for November is $1,218. During December the price had a slight fall till $1,114. During the following two months (January, February) the average price had a considerable rise of 200 % 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 had a strong increase of 193 % during the last two months.

Average price per bedrooms

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 $3,625 they are 76 % more affordable than the average price for Palos Hills . The properties with the lowest average price have 2 bedrooms, Their price is 64 % more affordable than the average. After that we have properties with 1 bedroom priced at $854.

With regard to the average prices per sq.feet those properties with 2 bedrooms are 503 % more expensive than the average price of ($12 / sq.feet) in Palos Hills. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 2 bedrooms. They are 503 % more expensive than the average value aforementioned.

Price per property type

The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $3,625 it is 65 % more affordable than the average price in Palos Hills. "Townhouse" is seen as the second most affordable property type. The most affordable property is "House" followed by "Townhouse". At a price of $1,289 it is 64 % more affordable than the average price.

According to the average cost per sq.feet, the least affordable property would be "Townhouse" at an average price of $7 / sq.feet followed by "House" priced at $12 / sq.feet. "House" is the most expensive type of property with a $12 / sq.feet value followed by "Townhouse" with an average price of $7 / sq.feet.

Charts data
Average price April
Average price per sq.feet April
Number of properties used in Palos Hills
Number of properties used in region Illinois
$3,625
$1.99
86
445,122
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value