Property prices for rent in West Chicago (Illinois)
The rent prices in real estate in West Chicago, in the Illinois region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in West Chicago has risen strongly during the last 6 months. In April, the average price per sq.feet was $1. In May this price barely changed remaining at $1 per sq.feet. The price for the following two months in (June, July) had a considerable rise of 2839 %. The price per sq.feet has had a considerable fall of 5 % 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 $14.69 to $0.68 during August, and September.
When referring to the price in West Chicago (cities), this has risen considerably in the last 6 months. The average price during our first sample month during April, is $1,841. During May the price went through a considerable rise reaching $2,210. In the following two months the average price has hardly changed with regard to the previous two months from $2,025.5 to $2,110. Based on an analysis of the first four prices and the last two months the average price has increased 111 % during the last two months.
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 $1,893 they are 54 % more affordable than the average price for West Chicago . The properties with the lowest average price have 2 bedrooms, Their price is 8 % more affordable than the average. After that we have properties with 1 bedroom priced at $869.
With regard to the average prices per sq.feet those properties with 2 bedrooms are 5011 % more expensive than the average price of ($69 / sq.feet) in West Chicago. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 2 bedrooms. They are 5011 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,893 it is 9 % more affordable than the average price in West Chicago. "House" is seen as the second most affordable property type. The most affordable property is "House" followed by "". At a price of $1,723 it is 8 % more affordable 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 $69 / sq.feet. "House" at an average price of $69 / sq.feet has the highest price and would be directed at more affluent cities.
