The rent prices in real estate in Plano, in the Illinois region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Plano has risen during the last 6 months. In December, the average price per sq.feet was $1.08. In the following month the price per sq.feet fell to $1. In the following two months the price per sq.feet has risen 115 %, going from $1.04 to $1.2 per sq.feet. The price per sq.feet has had a considerable rise of 124 % 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 $1.12 to $1.39 during April, and May.
When referring to the price in Plano (cities), this has risen considerably in the last 6 months. The average price during our first sample month during December, is $1,498. During January the price went through a considerable rise reaching $2,119. During the following two months (February, March) the price has had an average rise from $1,808.5 to $2,068. 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 $2,157 they are 43 % more affordable than the average price for Plano . The properties with the highest average price have 3 bedrooms, Their price is 5 % more expensive than the average. After that we have properties with 4 bedrooms priced at $1,410.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $1.38 / sq.feet price in Plano. The properties with the most expensive average prices have 1 bedroom. They are 4 % more expensive than the average followed by properties with 2 bedrooms with a price at $1 / sq.feet.
According to average price per property type in Plano, "" priced at $1,410 is 35 % lower than the average price ($2,157) in this city.