Property prices for rent in Schiller Park (Illinois)
The rent prices in real estate in Schiller Park, 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 Schiller Park has risen strongly during the last 6 months. In November, the average price per sq.feet was $1.73. In the following month the price per sq.feet rose to $1.87. In the following two months the price per sq.feet has risen 111 %, going from $1.8 to $2 per sq.feet. The price per sq.feet has risen 113 % 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 $1.9 to $2.15 during March, and April.
When referring to the price in Schiller Park (cities), this has risen considerably in the last 6 months. The average price during our first sample month during November, is $1,482. During December the price went through a considerable rise reaching $1,842. In the following two months the average price has hardly changed with regard to the previous two months from $1,662 to $1,698. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 118 % 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 $2,175 they are 43 % more affordable than the average price for Schiller Park . The properties with the lowest average price have 2 bedrooms, Their price is 27 % more affordable than the average. After that we have properties with 4 bedrooms priced at $1,498.
With regard to the average prices per sq.feet those properties with 1 bedroom are 57 % more affordable than the average price of ($1 / sq.feet) in Schiller Park. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 57 % more affordable than the average value aforementioned.
According to average price per property type in Schiller Park, "" priced at $1,405 is 35 % lower than the average price ($2,175) in this city.
