The rent prices in real estate in Palos Park, in the Illinois region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Palos Park has fallen during the last 6 months. In March, the average price per sq.feet was $1.29. In the following month the price per sq.feet fell considerably to . The price for the following two months in (May, June) had a considerable rise of 243 %. The price per sq.feet has had a considerable rise of 119 % 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 $1.11 to $1.32 during July, and August.
When referring to the price in Palos Park (cities), this has fallen in the last 6 months. The average price for March is $4,900. During April the price had a considerable fall till $1,778. During the following two months (May, June) the average price had a considerable rise of 160 % with regard to the previous two months. 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 $4,340.25 and $4,237.5 between July and August.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $4,895 they are 65 % more affordable than the average price for Palos Park . The properties with the lowest average price have 1 bedroom, Their price is 64 % more affordable than the average. After that we have properties with 2 bedrooms priced at $1,730.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $4,895 it is 65 % more affordable than the average price in Palos Park. "Townhouse" is seen as the second most affordable property type. The most affordable property is "Townhouse" followed by "". At a price of $1,730 it is 40 % more affordable than the average price.
According to the average area price by sq.feet the most expensive property type is "Townhouse with an average cost of $6 / sq.feet. "Townhouse" at an average price of $6 / sq.feet has the highest price and would be directed at more affluent cities.