Property prices for rent in Wood Dale (Illinois)
The rent prices in real estate in Wood Dale, 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 Wood Dale has had a strong fall during the last 6 months. In November, the average price per sq.feet was $1.84. In December this price barely changed remaining at $1.79 per sq.feet. The price for the following two months in (January, February) had a considerable fall of 47 with regard to the previous two months. The price per sq.feet has had a considerable rise of 116 % 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 $1.34 to $1.55 during March, and April.
When referring to the price in Wood Dale (cities), this has fallen in the last 6 months. The average price for November is $2,067. During December the price had a considerable fall till $1,708. In the following two months the average price has hardly changed with regard to the previous two months from $1,887.5 to $1,914. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 88 %, going from $1,900.75 to $1,664 in March and April.
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 $1,727 they are 38 % more affordable than the average price for Wood Dale . The properties with the highest average price have 3 bedrooms, Their price is 60 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,718.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.49 / sq.feet, with an average $1.57 / sq.feet price in Wood Dale. The properties with the most expensive average prices have 1 bedroom. They are 10 % more expensive than the average followed by properties with 3 bedrooms with a price at $1.52 / sq.feet.
According to average price per property type in Wood Dale, "" priced at $1,220 is 29 % lower than the average price ($1,727) in this city.
