Property prices for rent in Old Lyme (Connecticut)

The rent prices in real estate in Old Lyme, in the Connecticut region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.

$4,372.5
Average price last 6 months
$276.08
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Old Lyme has risen strongly during the last 6 months. In June, the average price per sq.feet was $208. In the following month the price per sq.feet rose considerably to $452. The price for the following two months in (August, September) had a considerable fall of 85 with regard to the previous two months. The price per sq.feet has had a considerable fall of 72 % 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 $304.61 to $219 during October, and November.

Average price

When referring to the price in Old Lyme (cities), this has risen considerably in the last 6 months. The average price during our first sample month during June, is $3,134. During July the price went through a considerable rise reaching $6,793. In the following two months the average price has hardly changed with regard to the previous two months from $4,963.5 to $4,845. During the last two months the average price has fallen greatly compared to the previous four going from $4,904.25 to $3,309, which means a 67 % fall.

Average price per bedrooms

The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 6 % more affordable than the average price of $3,114 in Old Lyme. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 6 % more affordable than the average aforementioned.

With regard to the average prices per sq.feet those properties with 1 bedroom are 7 % more affordable than the average price of ($203 / sq.feet) in Old Lyme. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 7 % more affordable than the average value aforementioned.

Price per property type

The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $3,309 it is 55 % more affordable than the average price in Old Lyme. "House" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "Apartment". At a price of $6,730 it is 150 % more expensive than the average price.

According to the average cost per sq.feet, the most affordable property is "House" at an average price of $213 / sq.feet followed by "Apartment" priced at $443 / sq.feet. "Condo" is the most expensive type of property with a $545 / sq.feet value followed by "Apartment" with an average price of $443 / sq.feet.

Charts data
Average price November
Average price per sq.feet November
Number of properties used in Old Lyme
Number of properties used in region Connecticut
$3,309
$219
52
22,016
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value