The rent prices in real estate in Pearl, 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 Pearl has fallen during the last 6 months. In October, the average price per sq.feet was $1.32. In the following month the price per sq.feet fell to $1.16. In the following two months the price per sq.feet has practically remained the same, going from $1.24 to $1.23 per sq.feet. The price per sq.feet has fallen 95 % 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 $1.24 to $1.17 during February, and March.
When referring to the price in Pearl (cities), this has risen in the last 6 months. In our first sample month during October, the average price is $1,518. In November This price remains at $1,468. During the following two months (December, January) the price has had an average rise from $1,493 to $1,640. 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 $1,566.5 and $1,643.5 between February and March.
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 $1,671 they are 44 % more affordable than the average price for Pearl . The properties with the highest average price have 4 bedrooms, Their price is 55 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,704.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $0.89 / sq.feet, with an average $1.2 / sq.feet price in Pearl. The properties with the most expensive average prices have 4 bedrooms. They are 18 % more expensive than the average followed by properties with 3 bedrooms with a price at $1.25 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $1,671 it is 22 % more affordable than the average price in Pearl. "House" is seen as the second most affordable property type. The most expensive property type is "" followed by "House". At a price of $1,931 it is 17 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Apartment" at an average price of $1.05 / sq.feet followed by "House" priced at $1.32 / sq.feet. "House" is the most expensive type of property with a $1.32 / sq.feet value followed by "Apartment" with an average price of $1.05 / sq.feet.