Property prices for rent in Park Forest (Illinois)

The rent prices in real estate in Park Forest, 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.

$1,229.83
Average price last 6 months
$3.78
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Park Forest has risen strongly during the last 6 months. In November, the average price per sq.feet was $1.11. In the following month the price per sq.feet rose considerably to $10.7. 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 22 % 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 $5.1 to $1.13 during March, and April.

Average price

When referring to the price in Park Forest (cities), there have hardly been any changes in the last 6 months. The rent price in November is $1,190, rising in December till $1,268. In the following two months the average price has hardly changed with regard to the previous two months from $1,229 to $1,283. 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 $1,256 to $1,177.5 in March and April.

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 $1,246 they are 29 % more affordable than the average price for Park Forest . The properties with the highest average price have 3 bedrooms, Their price is 7 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,246.

With regard to the average prices per sq.feet those properties with 1 bedroom are 11 % more affordable than the average price of ($1 / sq.feet) in Park Forest. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 11 % more affordable than the average value aforementioned.

Price per property type

According to average price per property type in Park Forest, "" priced at $1,154 is 7 % lower than the average price ($1,246) in this city.

Charts data
Average price April
Average price per sq.feet April
Number of properties used in Park Forest
Number of properties used in region Illinois
$1,246
$1.12
134
189,150
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value