Property prices for rent in South Elgin (Illinois)
The rent prices in real estate in South Elgin, in the Illinois region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.feet in South Elgin has barely changed in the last 6 months. In November, the average price per sq.feet was $1.88. In December this price barely changed remaining at $1.91 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.89 to $1.87 per sq.feet. The price per sq.feet has risen 106 % 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 $1.88 to $2 during March, and April.
When referring to the price in South Elgin (cities), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $2,187. In December This price remains at $2,275. In the following two months the average price has hardly changed with regard to the previous two months from $2,231 to $2,301. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $2,266 and $2,154 between March and April.
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 $2,140 they are 15 % more affordable than the average price for South Elgin . The properties with the highest average price have 4 bedrooms, Their price is 74 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,690.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.65 / sq.feet, with an average $2.03 / sq.feet price in South Elgin. The properties with the most expensive average prices have 1 bedroom. They are 7 % more expensive than the average followed by properties with 2 bedrooms with a price at $2 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $2,140 it is 1 % more affordable than the average price in South Elgin. "" is seen as the second most affordable property type. The most expensive property type is "" followed by "Apartment". At a price of $2,120 it is 18 % more expensive than the average price.
According to the average area price by sq.feet the most affordable property type is "Apartment with an average cost of $1 / sq.feet. "Apartment" with an average price of $1 / sq.feet has the most affordable price and would be directed at less affluent cities.
