The rent prices in real estate in Zion, in the Illinois region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Zion has risen strongly during the last 6 months. In May, the average price per sq.feet was $0.85. In the following month the price per sq.feet rose considerably to $7. The price for the following two months in (July, August) had a considerable rise of 140 %. The price per sq.feet has had a considerable rise of 156 % 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 $4.71 to $7.33 during September, and October.
When referring to the price in Zion (cities), this has risen considerably in the last 6 months. The average price for May is $1,329. During June the price had a considerable fall till $968. During the following two months (July, August) the average price had a considerable fall of 81 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 659 % during the last two months.
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 $12,826 they are 94 % more affordable than the average price for Zion . The properties with the lowest average price have 3 bedrooms, Their price is 92 % more affordable than the average. After that we have properties with 4 bedrooms priced at $981.
With regard to the average prices per sq.feet those properties with 4 bedrooms are 52 % more affordable than the average price of ($7 / sq.feet) in Zion. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 4 bedrooms. They are 52 % more affordable than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Farm" as the most affordable one. At an cost of $12,826 it is 92 % more affordable than the average price in Zion. "House" is seen as the second most affordable property type. The most affordable property is "" followed by "House". At a price of $981 it is 92 % more affordable than the average price.
According to the average cost per sq.feet, the most affordable property is "Farm" at an average price of $2 / sq.feet followed by "House" priced at $7 / sq.feet. "House" is the most affordable type of property with a $7 / sq.feet value followed by "Farm" with an average price of $2 / sq.feet.