Property prices for rent in West Chicago (Illinois)
The rent prices in real estate in West Chicago, 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 West Chicago has had a strong fall during the last 6 months. In June, the average price per sq.feet was $57. In the following month the price per sq.feet rose considerably to $82. The price for the following two months in (August, September) had a considerable fall of 2 with regard to the previous two months. The price per sq.feet has had a considerable fall of 3 % 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 $35.33 to $1.18 during October, and November.
When referring to the price in West Chicago (cities), this has risen considerably in the last 6 months. The rent price in June is $1,619, rising in July till $1,764. During the following two months (August, September) the average price had a considerable rise of 167 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 90 %, going from $2,260 to $2,028 in 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 $2,213 they are 61 % more affordable than the average price for West Chicago . The properties with the lowest average price have 2 bedrooms, Their price is 21 % more affordable than the average. After that we have properties with 1 bedroom priced at $874.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $1 / sq.feet, with an average $1.06 / sq.feet price in West Chicago. The properties with the most expensive average prices have 2 bedrooms. They are 6881 % more expensive than the average followed by properties with 1 bedroom with a price at $1 / sq.feet.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $2,213 it is 28 % more affordable than the average price in West Chicago. "" is seen as the second most affordable property type. The most affordable property is "House" followed by "". At a price of $1,743 it is 21 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Condo" at an average price of $48 / sq.feet followed by "House" priced at $74 / sq.feet. "House" is the most expensive type of property with a $74 / sq.feet value followed by "Condo" with an average price of $48 / sq.feet.
