The rent prices in real estate in Park Ridge, in the Illinois region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.feet in Park Ridge has barely changed in the last 6 months. In November, the average price per sq.feet was $1.79. In December this price barely changed remaining at $1.79 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.79 to $1.75 per sq.feet. The price per sq.feet has risen 113 % 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 $1.77 to $2 during March, and April.
When referring to the price in Park Ridge (cities), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $2,089. In December This price remains at $2,032. In the following two months the average price has hardly changed with regard to the previous two months from $2,060.5 to $2,064. Based on an analysis of the first four prices and the last two months the average price has increased 108 % during the last two months.
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 $2,124 they are 26 % more affordable than the average price for Park Ridge . The properties with the highest average price have 4 bedrooms, Their price is 24 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,565.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.41 / sq.feet, with an average $1.96 / sq.feet price in Park Ridge. The properties with the most expensive average prices have 1 bedroom. They are 15 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.98 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,124 it is 16 % more affordable than the average price in Park Ridge. "Office" is seen as the second most affordable property type. The most affordable property is "Office" followed by "". At a price of $1,785 it is 6 % more affordable than the average price.
According to the average area price by sq.feet the most expensive property type is "Office with an average cost of $49 / sq.feet. "Office" at an average price of $49 / sq.feet has the highest price and would be directed at more affluent cities.