The rent prices in real estate in Rolling Meadows, 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 Rolling Meadows has risen during the last 6 months. In December, the average price per sq.feet was $1.61. In January this price barely changed remaining at $1.59 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.6 to $1.63 per sq.feet. The price per sq.feet has had a considerable rise of 120 % 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 $1.62 to $1.95 during April, and May.
When referring to the price in Rolling Meadows (cities), there have hardly been any changes in the last 6 months. The average price for December is $1,813. During January the price had a slight fall till $1,706. In the following two months the average price has hardly changed with regard to the previous two months from $1,759.5 to $1,778.5. Based on an analysis of the first four prices and the last two months the average price has increased 112 % 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 $1,992 they are 23 % more affordable than the average price for Rolling Meadows . The properties with the highest average price have 3 bedrooms, Their price is 50 % more expensive than the average. After that we have properties with 4 bedrooms priced at $2,897.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $2.21 / sq.feet price in Rolling Meadows. The properties with the most expensive average prices have 1 bedroom. They are 129 % more expensive than the average followed by properties with 3 bedrooms with a price at $4.25 / sq.feet.
The graph displaying the average rent prices displays the property type "Townhouse" as the most affordable one. At an cost of $1,992 it is 36 % more affordable than the average price in Rolling Meadows. "" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "House". At a price of $1,803 it is 22 % 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 / sq.feet followed by "Townhouse" priced at $31 / sq.feet. "Townhouse" is the most expensive type of property with a $31 / sq.feet value followed by "House" with an average price of $1 / sq.feet.