The rent prices in real estate in West Frankfort, 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 Frankfort has had a strong fall during the last 6 months. In October, the average price per sq.feet was $0.95. In November this price barely changed remaining at $0.94 per sq.feet. The price for the following two months in (December, January) fell 90 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 0 % 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 $0.9 to during February, and March.
When referring to the price in West Frankfort (cities), this has fallen in the last 6 months. In our first sample month during October, the average price is $812. In November This price remains at $814. In the following two months the average price has hardly changed with regard to the previous two months from $813 to $790. During the last two months the average price has fallen greatly compared to the previous four going from $801.5 to $673.5, which means a 84 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $700 they are 6 % more affordable than the average price for West Frankfort . The properties with the lowest average price have 1 bedroom, Their price is 6 % more affordable than the average. After that we have properties with 4 bedrooms priced at $656.
According to average price per property type in West Frankfort, "" priced at $656 is 6 % lower than the average price ($700) in this city.