The rent prices in real estate in Wood River, 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 Wood River has risen during the last 6 months. In October, the average price per sq.feet was $0.75. In the following month the price per sq.feet fell to $0.7. In the following two months the price per sq.feet has risen 114 %, going from $0.73 to $0.82 per sq.feet. The price per sq.feet has risen 106 % 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 $0.77 to $0.82 during February, and March.
When referring to the price in Wood River (cities), this has risen in the last 6 months. In our first sample month during October, the average price is $718. In November This price remains at $683. During the following two months (December, January) the average price had a considerable rise of 122 % 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 $778.75 to $697 in 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 $719 they are 6 % more affordable than the average price for Wood River . The properties with the highest average price have 3 bedrooms, Their price is 16 % more expensive than the average. After that we have properties with 2 bedrooms priced at $756.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $0.85 / sq.feet, with an average $0.89 / sq.feet price in Wood River. The properties with the most expensive average prices have 1 bedroom. They are 8 % more expensive than the average followed by properties with 2 bedrooms with a price at $0.85 / sq.feet.
According to average price per property type in Wood River, "" priced at $835 is 16 % more expensive than the average price ($719) in this city.