The rent prices in real estate in Lynbrook, in the New York 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 Lynbrook has risen strongly during the last 6 months. In October, the average price per sq.feet was $2.74. In the following month the price per sq.feet rose considerably to $3.31. In the following two months the price per sq.feet has risen 106 %, going from $3.03 to $3.21 per sq.feet. The price per sq.feet has had a considerable rise of 121 % 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 $3.12 to $3.79 during February, and March.
When referring to the price in Lynbrook (cities), this has risen in the last 6 months. The rent price in October is $2,591, rising in November till $2,755. In the following two months the average price has hardly changed with regard to the previous two months from $2,673 to $2,767. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $2,720 and $2,715.5 between February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $2,719 they are 27 % more affordable than the average price for Lynbrook . The properties with the highest average price have 3 bedrooms, Their price is 21 % more expensive than the average. After that we have properties with 2 bedrooms priced at $3,124.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most expensive ones at a cost of $4.04 / sq.feet, with an average $3.84 / sq.feet price in Lynbrook. The properties with the most expensive average prices have 2 bedrooms. They are 126 % more expensive than the average followed by properties with 1 bedroom with a price at $4.04 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,719 it is 27 % more affordable than the average price in Lynbrook. "Commercial" is seen as the second most affordable property type. The most expensive property type is "Commercial" followed by "". At a price of $1,992 it is 37 % more expensive than the average price.
According to the average area price by sq.feet the most expensive property type is "Commercial with an average cost of $200 / sq.feet. "Commercial" at an average price of $200 / sq.feet has the highest price and would be directed at more affluent cities.