Property prices for rent in Lewes (Delaware)

The rent prices in real estate in Lewes, in the Delaware region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.

Average price last 6 months
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Lewes has risen strongly during the last 6 months. In January, the average price per sq.feet was $1.58. In the following month the price per sq.feet rose considerably to $2.01. In the following two months the price per sq.feet has practically remained the same, going from $1.79 to $1.75 per sq.feet. The price per sq.feet has had a considerable rise of 126 % 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 $1.77 to $2.23 during May, and June.

Average price

When referring to the price in Lewes (cities), this has risen considerably in the last 6 months. The average price during our first sample month during January, is $2,271. During February the price went through a considerable rise reaching $3,359. During the following two months (March, April) the average price had a considerable fall of 84 % 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 126 % during the last two months.

Average price per bedrooms

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 $3,083 they are 57 % more affordable than the average price for Lewes . The properties with the lowest average price have 2 bedrooms, Their price is 44 % more affordable than the average. After that we have properties with 1 bedroom priced at $1,316.

With regard to the average prices per sq.feet those properties with 2 bedrooms are 246 % more expensive than the average price of ($8 / sq.feet) in Lewes. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 2 bedrooms. They are 246 % more expensive than the average value aforementioned.

Price per property type

The graph displaying the average rent prices displays the property type "Land" as the most affordable one. At an cost of $3,083 it is 47 % more affordable than the average price in Lewes. "House" is seen as the second most affordable property type. The most affordable property is "House" followed by "Land". At a price of $1,645 it is 44 % more affordable than the average price.

According to the average cost per sq.feet, the least affordable property would be "House" at an average price of $8 / sq.feet followed by "Land" priced at $27 / sq.feet. "Land" is the most expensive type of property with a $27 / sq.feet value followed by "House" with an average price of $8 / sq.feet.

Charts data
Average price June
Average price per sq.feet June
Number of properties used in Lewes
Number of properties used in region Delaware
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value