The rent prices in real estate in River Forest, in the Illinois region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in River Forest has risen strongly during the last 6 months. In January, the average price per sq.feet was $1.51. In the following month the price per sq.feet fell considerably to $1. The price for the following two months in (March, April) had a considerable rise of 279 %. The price per sq.feet has had a considerable fall of 63 % 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 $2.38 to $1.5 during May, and June.
When referring to the price in River Forest (cities), there have hardly been any changes in the last 6 months. The average price during our first sample month during January, is $2,867. During February the price went through a considerable rise reaching $3,358. During the following two months (March, April) the average price had a considerable rise of 117 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $3,381.75 to $1,892, which means a 56 % fall.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 30 % more affordable than the average price of $1,315 in River Forest. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 30 % more affordable than the average aforementioned.
According to average price per property type in River Forest, "" priced at $1,315 is 30 % lower than the average price ($1,892) in this city.