The rent prices in real estate in Lynwood, in the California 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 Lynwood has risen during the last 6 months. In October, the average price per sq.feet was $2.39. In November this price barely changed remaining at $2.4 per sq.feet. In the following two months the price per sq.feet has risen 108 %, going from $2.39 to $2.6 per sq.feet. The price per sq.feet has risen 113 % 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 $2.49 to $2.82 during February, and March.
When referring to the price in Lynwood (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $2,142. In November This price remains at $2,230. In the following two months the average price has hardly changed with regard to the previous two months from $2,186 to $2,284.5. 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 $2,235.25 and $2,126 between February and March.
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 $2,159 they are 3 % more affordable than the average price for Lynwood . The properties with the highest average price have 4 bedrooms, Their price is 83 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,751.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $2.55 / sq.feet, with an average $2.96 / sq.feet price in Lynwood. The properties with the most expensive average prices have 1 bedroom. They are 11 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.58 / sq.feet.
According to average price per property type in Lynwood, "" priced at $2,004 is 7 % lower than the average price ($2,159) in this city.