The rent prices in real estate in Streator, 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 Streator has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1.2. In November this price barely changed remaining at $1.16 per sq.feet. The price for the following two months in (December, January) fell 90 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 71 % 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 $1.12 to $0.8 during February, and March.
When referring to the price in Streator (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $943. In November This price remains at $931. In the following two months the average price has hardly changed with regard to the previous two months from $937 to $909. 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 $923 and $887 between February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $917 they are 30 % more affordable than the average price for Streator . The properties with the lowest average price have 1 bedroom, Their price is 0 % more affordable than the average. After that we have properties with 2 bedrooms priced at $646.
With regard to the average prices per sq.feet those properties with 1 bedroom are 0 % more affordable than the average price of ($0.85 / sq.feet) in Streator. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 0 % more affordable than the average value aforementioned.
According to average price per property type in Streator, "" priced at $646 is 30 % lower than the average price ($917) in this city.