The rent prices in real estate in Wheeling, in the Illinois region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Wheeling has fallen during the last 6 months. In April, the average price per sq.feet was $1.96. In May this price barely changed remaining at $1.87 per sq.feet. The price for the following two months in (June, July) fell 90 % with regard to the previous two months. The price per sq.feet has fallen 92 % 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 $1.82 to $1.67 during August, and September.
When referring to the price in Wheeling (cities), this has fallen in the last 6 months. In our first sample month during April, the average price is $1,749. In May This price remains at $1,687. In the following two months the average price has hardly changed with regard to the previous two months from $1,718 to $1,635.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 95 %, going from $1,676.75 to $1,587 in August and September.
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 $1,589 they are 3 % more affordable than the average price for Wheeling . The properties with the highest average price have 3 bedrooms, Their price is 55 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,784.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.5 / sq.feet, with an average $1.63 / sq.feet price in Wheeling. The properties with the most expensive average prices have 1 bedroom. They are 21 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.56 / sq.feet.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $1,589 it is 4 % more affordable than the average price in Wheeling. "" is seen as the second most affordable property type. The most expensive property type is "" followed by "Condo". At a price of $1,520 it is 9 % more expensive than the average price.
According to the average area price by sq.feet the most expensive property type is "Condo with an average cost of $35 / sq.feet. "Condo" at an average price of $35 / sq.feet has the highest price and would be directed at more affluent cities.