Property prices for rent in Lynnfield (Massachusetts)
The rent prices in real estate in Lynnfield, in the Massachusetts region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Lynnfield has fallen during the last 6 months. In October, the average price per sq.feet was $3.55. In the following month the price per sq.feet fell to $3.26. In the following two months the price per sq.feet has practically remained the same, going from $3.4 to $3.32 per sq.feet. The price per sq.feet has fallen 92 % 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 $3.36 to $3.08 during February, and March.
When referring to the price in Lynnfield (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $3,331. In November This price remains at $3,427. In the following two months the average price has hardly changed with regard to the previous two months from $3,379 to $3,469.5. 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 $3,424.25 and $3,517.5 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 $3,628 they are 37 % more affordable than the average price for Lynnfield . The properties with the highest average price have 3 bedrooms, Their price is 10 % more expensive than the average. After that we have properties with 2 bedrooms priced at $3,754.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $2 / sq.feet, with an average $3.09 / sq.feet price in Lynnfield. The properties with the most expensive average prices have 1 bedroom. They are 23 % more expensive than the average followed by properties with 2 bedrooms with a price at $3.14 / sq.feet.
According to average price per property type in Lynnfield, "" priced at $2,291 is 37 % lower than the average price ($3,628) in this city.
