Property prices for rent in Lynwood (California)

The rent prices in real estate in Lynwood, in the California region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.

$1,838.67
Average price last 6 months
$23.82
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Lynwood has had a strong fall during the last 6 months. In December, the average price per sq.feet was $59.93. In the following month the price per sq.feet fell to $52.67. The price for the following two months in (February, March) had a considerable fall of 24 with regard to the previous two months. The price per sq.feet has had a considerable fall of 5 % 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 $34.89 to $1.7 during April, and May.

Average price

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 December, the average price is $1,909. In January This price remains at $1,914. In the following two months the average price has hardly changed with regard to the previous two months from $1,911.5 to $1,880.5. 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 $1,896 to $1,724 in April and May.

Average price per bedrooms

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 $1,762 they are 5 % more affordable than the average price for Lynwood . The properties with the highest average price have 4 bedrooms, Their price is 1 % more expensive than the average. After that we have properties with 1 bedroom priced at $1,676.

With regard to the average price per sq.feet, those properties with 4 bedrooms are the most expensive ones at a cost of $23 / sq.feet, with an average $1.83 / sq.feet price in Lynwood. The properties with the most expensive average prices have 1 bedroom. They are 2195 % more expensive than the average followed by properties with 4 bedrooms with a price at $23 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $1,762 it is 8 % more affordable than the average price in Lynwood. "Commercial Property" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Land". At a price of $1,767 it is 8 % more expensive than the average price.

According to the average cost per sq.feet, the least affordable property would be "Apartment" at an average price of $6 / sq.feet followed by "Land" priced at $32 / sq.feet. "House" is the most expensive type of property with a $49 / sq.feet value followed by "Townhouse" with an average price of $38 / sq.feet.

Charts data
Average price May
Average price per sq.feet May
Number of properties used in Lynwood
Number of properties used in region California
$1,762
$1.83
300
1,540,522
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value