Property prices for rent in Lincoln (Nebraska)
The rent prices in real estate in Lincoln, in the Nebraska 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 Lincoln has risen during the last 6 months. In March, the average price per sq.feet was $1.23. In the following month the price per sq.feet rose considerably to $1.46. In the following two months the price per sq.feet has risen 108 %, going from $1.35 to $1.46 per sq.feet. The price per sq.feet has fallen 90 % 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 $1.4 to $1.26 during July, and August.
When referring to the price in Lincoln (cities), this has risen considerably in the last 6 months. The average price during our first sample month during March, is $1,108. During April the price went through a considerable rise reaching $1,475. During the following two months (May, June) the price has had an average rise from $1,291.5 to $1,378. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 94 %, going from $1,334.75 to $1,254.5 in July and August.
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 $1,286 they are 5 % more affordable than the average price for Lincoln . The properties with the highest average price have 3 bedrooms, Their price is 29 % more expensive than the average. After that we have properties with 4 bedrooms priced at $1,623.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.02 / sq.feet, with an average $1.3 / sq.feet price in Lincoln. The properties with the most expensive average prices have 1 bedroom. They are 16 % more expensive than the average followed by properties with 3 bedrooms with a price at $1.24 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $1,286 it is 12 % more affordable than the average price in Lincoln. "Condo" is seen as the second most affordable property type. The most expensive property type is "" followed by "Townhouse". At a price of $1,447 it is 52 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $1.14 / sq.feet followed by "House" priced at $1.21 / sq.feet. "Townhouse" is the most expensive type of property with a $1.38 / sq.feet value followed by "House" with an average price of $1.21 / sq.feet.
