Property prices for rent in Palos Park (Illinois)

The price per sq.feet in Palos Park has had a strong fall during the last 6 months. In October, the average price per sq.feet was $3.06. In the following month the price per sq.feet fell considerably to $1. The price for the following two months in (December, January) had a considerable fall of 66 with regard to the previous two months. The price per sq.feet has had a considerable fall of 59 % 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 $1.68 to $1 during February, and March.

When referring to the price in Palos Park (cities), there have hardly been any changes in the last 6 months. The rent price in October is $5,380, rising in November till $5,772. During the following two months (December, January) the average price fell 89 % 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 $5,263 and $5,325.5 between February and March.

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 $5,761 they are 70 % more affordable than the average price for Palos Park . The properties with the lowest average price have 1 bedroom, Their price is 70 % more affordable than the average. After that we have properties with 2 bedrooms priced at $1,716.

According to average price per property type in Palos Park, "" priced at $1,716 is 70 % lower than the average price ($5,761) in this city.