Property prices for rent in West Chicago (Illinois)
The rent prices in real estate in West Chicago, in the Illinois region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in West Chicago has risen during the last 6 months. In October, the average price per sq.feet was $1.49. In November this price barely changed remaining at $1.56 per sq.feet. In the following two months the price per sq.feet has risen 109 %, going from $1.52 to $1.66 per sq.feet. The price per sq.feet has risen 109 % 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 $1.6 to $1.75 during February, and March.
When referring to the price in West Chicago (cities), this has fallen in the last 6 months. In our first sample month during October, the average price is $2,161. In November This price remains at $2,152. During the following two months (December, January) the average price had a considerable fall of 78 % with regard to the previous two months. 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 $1,922.25 and $1,955 between February and March.
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 $2,193 they are 30 % more affordable than the average price for West Chicago . The properties with the highest average price have 3 bedrooms, Their price is 45 % more expensive than the average. After that we have properties with 4 bedrooms priced at $3,088.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.54 / sq.feet, with an average $1.81 / sq.feet price in West Chicago. The properties with the most expensive average prices have 2 bedrooms. They are 10 % more expensive than the average followed by properties with 1 bedroom with a price at $1.87 / sq.feet.
According to average price per property type in West Chicago, "" priced at $2,209 is 1 % more expensive than the average price ($2,193) in this city.
