The rent prices in real estate in Tinley Park, in the Illinois region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Tinley Park has fallen during the last 6 months. In November, the average price per sq.feet was $1.7. In December this price barely changed remaining at $1.74 per sq.feet. The price for the following two months in (January, February) had a considerable fall of 83 with regard to the previous two months. The price per sq.feet has fallen 86 % 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 $1.57 to $1.35 during March, and April.
When referring to the price in Tinley Park (cities), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $1,612. In December This price remains at $1,550. In the following two months the average price has hardly changed with regard to the previous two months from $1,581 to $1,528. 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 $1,554.5 and $1,556 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 $1,701 they are 35 % more affordable than the average price for Tinley Park . The properties with the highest average price have 4 bedrooms, Their price is 7 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,623.
With regard to the average prices per sq.feet those properties with 1 bedroom are 30 % more affordable than the average price of ($1 / sq.feet) in Tinley Park. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 30 % more affordable than the average value aforementioned.
The graph displaying the average rent prices displays the property type "" as the most expensive one. At an cost of $1,701 it is 7 % more expensive than the average price in Tinley Park. "Office" is seen as the second most expensive property type. The most expensive property type is "Townhouse" followed by "Office". At a price of $1,867 it is 11 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Office" at an average price of $1 / sq.feet followed by "Townhouse" priced at $11 / sq.feet. "Townhouse" is the most expensive type of property with a $11 / sq.feet value followed by "Office" with an average price of $1 / sq.feet.