The rent prices in real estate in Villa Park, 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 Villa Park has had a strong fall during the last 6 months. In June, the average price per sq.feet was $53.33. In the following month the price per sq.feet fell considerably to $9.07. The price for the following two months in (August, September) had a considerable fall of 6 with regard to the previous two months. The price per sq.feet has had a considerable fall of 11 % 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 $16.52 to $1.81 during October, and November.
When referring to the price in Villa Park (cities), this has risen in the last 6 months. The average price during our first sample month during June, is $1,514. During July the price went through a considerable rise reaching $1,767. During the following two months (August, September) the price has had an average rise from $1,640.5 to $1,802.5. 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 $1,721.5 and $1,642.5 between October and November.
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 $1,659 they are 17 % more affordable than the average price for Villa Park . The properties with the highest average price have 2 bedrooms, Their price is 49 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,906.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.46 / sq.feet, with an average $1.84 / sq.feet price in Villa Park. The properties with the most expensive average prices have 4 bedrooms. They are 2454 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.96 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,659 it is 21 % more affordable than the average price in Villa Park. "House" is seen as the second most affordable property type. The most expensive property type is "House" followed by "". At a price of $1,309 it is 4 % more expensive than the average price.
According to the average area price by sq.feet the most expensive property type is "House with an average cost of $47 / sq.feet. "House" at an average price of $47 / sq.feet has the highest price and would be directed at more affluent cities.