Property prices for rent in Plainfield (Illinois)
The rent prices in real estate in Plainfield, in the Illinois region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Plainfield has had a strong fall during the last 6 months. In November, the average price per sq.feet was $2.31. In the following month the price per sq.feet fell to $2.13. The price for the following two months in (January, February) had a considerable fall of 81 with regard to the previous two months. The price per sq.feet has fallen 90 % 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 $2.01 to $1.81 during March, and April.
When referring to the price in Plainfield (cities), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $2,509. In December This price remains at $2,500. In the following two months the average price has hardly changed with regard to the previous two months from $2,504.5 to $2,547.5. 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 $2,526 and $2,465 between March and April.
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 $2,490 they are 22 % more affordable than the average price for Plainfield . The properties with the highest average price have 4 bedrooms, Their price is 26 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,719.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.42 / sq.feet, with an average $1.87 / sq.feet price in Plainfield. The properties with the most expensive average prices have 1 bedroom. They are 25 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.88 / sq.feet.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $2,490 it is 23 % more affordable than the average price in Plainfield. "Apartment" is seen as the second most affordable property type. The most expensive property type is "" followed by "House". At a price of $2,586 it is 19 % 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 $1.6 / sq.feet followed by "Condo" priced at $1.64 / sq.feet. "Apartment" is the most expensive type of property with a $2.39 / sq.feet value followed by "Condo" with an average price of $1.64 / sq.feet.
