The rent prices in real estate in Spring Grove, 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 Spring Grove has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1. In the following month the price per sq.feet rose considerably to $1.61. The price for the following two months in (December, January) had a considerable fall of 62 with regard to the previous two months. The price per sq.feet has had a considerable fall of 0 % 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 $1.05 to during February, and March.
When referring to the price in Spring Grove (cities), this has fallen considerably in the last 6 months. The average price for October is $2,197. During November the price had a considerable fall till $1,788. In the following two months the average price has hardly changed with regard to the previous two months from $1,992.5 to $1,961.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 86 %, going from $1,977 to $1,702 in February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most expensive ones. At a price of $1,231 they are 54 % more expensive than the average price for Spring Grove. Following this ranking we find those properties with 2 at an average price of $2,092. The properties with the highest average price have 2 bedrooms, Their price is 70 % more expensive than the average. After that we have properties with 1 bedroom priced at $1,892.
According to average price per property type in Spring Grove, "" priced at $2,092 is 70 % more expensive than the average price ($1,231) in this city.