The rent prices in real estate in Lynden, in the Washington 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 Lynden has risen strongly during the last 6 months. In June, the average price per sq.feet was $1.47. In July this price barely changed remaining at $1.41 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.44 to $1.42 per sq.feet. The price per sq.feet has had a considerable rise of 170 % 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 $1.43 to $2.42 during October, and November.
When referring to the price in Lynden (cities), this has risen considerably in the last 6 months. The average price during our first sample month during June, is $1,459. During July the price went through a considerable rise reaching $1,901. In the following two months the average price has hardly changed with regard to the previous two months from $1,680 to $1,712. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 91 %, going from $1,696 to $1,539.5 in October and November.
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 $1,617 they are 28 % more affordable than the average price for Lynden . The properties with the highest average price have 3 bedrooms, Their price is 28 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,573.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.29 / sq.feet, with an average $3.03 / sq.feet price in Lynden. The properties with the most affordable average prices have 1 bedroom. They are 33 % more affordable than the average followed by properties with 2 bedrooms with a price at $1.46 / sq.feet.
According to average price per property type in Lynden, "" priced at $1,454 is 10 % lower than the average price ($1,617) in this city.