Property prices for rent in Park Forest (Illinois)

The rent prices in real estate in Park Forest, 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.

$1,675
Average price last 6 months
$1.48
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Park Forest has fallen during the last 6 months. In October, the average price per sq.feet was $1.55. In the following month the price per sq.feet fell to $1.47. In the following two months the price per sq.feet has practically remained the same, going from $1.51 to $1.44 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $1.48 to $1.49 during February y March

Average price

When referring to the price in Park Forest (cities), this has fallen in the last 6 months. In our first sample month during October, the average price is $1,749. In November This price remains at $1,687. During the following two months (December, January) the average price fell 94 % 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 $1,662.5 and $1,700 between February and March.

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 $1,714 they are 14 % more affordable than the average price for Park Forest . The properties with the highest average price have 4 bedrooms, Their price is 28 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,853.

With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.45 / sq.feet, with an average $1.52 / sq.feet price in Park Forest. The properties with the most expensive average prices have 1 bedroom. They are 9 % more expensive than the average followed by properties with 4 bedrooms with a price at $1.6 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $1,714 it is 24 % more affordable than the average price in Park Forest. "" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Apartment". At a price of $1,432 it is 6 % more expensive than the average price.

According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $1.42 / sq.feet followed by "Apartment" priced at $1.46 / sq.feet. "House" is the most expensive type of property with a $1.55 / sq.feet value followed by "Apartment" with an average price of $1.46 / sq.feet.

Charts data
Average price March
Average price per sq.feet March
Number of properties used in Park Forest
Number of properties used in region Illinois
$1,714
$1.52
644
538,322
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value