The rent prices in real estate in Palos Hills, 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 Palos Hills has risen during the last 6 months. In October, the average price per sq.feet was $1.47. In the following month the price per sq.feet rose to $1.69. In the following two months the price per sq.feet has practically remained the same, going from $1.58 to $1.6 per sq.feet. The price per sq.feet has risen 105 % 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 $1.59 to $1.67 during February, and March.
When referring to the price in Palos Hills (cities), this has fallen in the last 6 months. The rent price in October is $1,579, rising in November till $1,666. During the following two months (December, January) the average price fell 90 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 94 %, going from $1,539.75 to $1,446 in 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 $1,473 they are 13 % more affordable than the average price for Palos Hills . The properties with the highest average price have 4 bedrooms, Their price is 147 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,833.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.56 / sq.feet, with an average $1.67 / sq.feet price in Palos Hills. The properties with the most expensive average prices have 3 bedrooms. They are 36 % more expensive than the average followed by properties with 1 bedroom with a price at $1.76 / sq.feet.
According to average price per property type in Palos Hills, "" priced at $3,218 is 118 % more expensive than the average price ($1,473) in this city.