The rent prices in real estate in Prospect Heights, 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 Prospect Heights has had a strong fall during the last 6 months. In October, the average price per sq.feet was $3.47. In the following month the price per sq.feet fell considerably to $2.65. The price for the following two months in (December, January) had a considerable fall of 75 with regard to the previous two months. 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 $2.67 to $2.78 during February y March
When referring to the price in Prospect Heights (cities), this has fallen considerably in the last 6 months. The average price for October is $3,235. During November the price had a considerable fall till $2,681. During the following two months (December, January) the average price had a considerable fall of 76 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 91 %, going from $2,598.25 to $2,372 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 $2,275 they are 1 % more affordable than the average price for Prospect Heights . The properties with the highest average price have 4 bedrooms, Their price is 176 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,212.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $2 / sq.feet, with an average $2.81 / sq.feet price in Prospect Heights. The properties with the most expensive average prices have 1 bedroom. They are 8 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.14 / sq.feet.
According to average price per property type in Prospect Heights, "" priced at $3,623 is 59 % more expensive than the average price ($2,275) in this city.