The rent prices in real estate in Peoria, 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 Peoria has fallen during the last 6 months. In October, the average price per sq.feet was $1.08. In November this price barely changed remaining at $1.03 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.05 to $1.02 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 $1.04 to $1 during February y March
When referring to the price in Peoria (cities), this has fallen in the last 6 months. In our first sample month during October, the average price is $985. In November This price remains at $964. In the following two months the average price has hardly changed with regard to the previous two months from $974.5 to $949.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 90 %, going from $962 to $861.5 in 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 $829 they are 5 % more affordable than the average price for Peoria . The properties with the highest average price have 4 bedrooms, Their price is 137 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,047.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $0.99 / sq.feet, with an average $0.99 / sq.feet price in Peoria. The properties with the most expensive average prices have 1 bedroom. They are 17 % more expensive than the average followed by properties with 4 bedrooms with a price at $1.07 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $829 it is 8 % more affordable than the average price in Peoria. "Condo" is seen as the second most affordable property type. The most expensive property type is "Land" followed by "House". At a price of $1,002 it is 4751 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $0.94 / sq.feet followed by "Condo" priced at $1.1 / sq.feet. "Land" is the most expensive type of property with a $42 / sq.feet value followed by "Condo" with an average price of $1.1 / sq.feet.