The rent prices in real estate in Pontiac, 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 Pontiac has had a strong fall during the last 6 months. In April, the average price per sq.feet was $0.92. In the following month the price per sq.feet fell considerably to . The price for the following two months in (June, July) had a considerable fall of 0 with regard to the previous two months. The price per sq.feet has had a considerable fall of 0 % 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 $0.23 to during August, and September.
When referring to the price in Pontiac (cities), this has fallen considerably in the last 6 months. The average price for April is $1,763. During May the price had a considerable fall till $689. During the following two months (June, July) the average price had a considerable fall of 61 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 154 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $1,684 they are 67 % more affordable than the average price for Pontiac . The properties with the lowest average price have 3 bedrooms, Their price is 47 % more affordable than the average. After that we have properties with 2 bedrooms priced at $659.
According to average price per property type in Pontiac, "" priced at $564 is 67 % lower than the average price ($1,684) in this city.