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.

$4,142.5
Average price last 6 months
$36.78
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 November, the average price per sq.feet was $1.66. In the following month the price per sq.feet rose considerably to $205. The price for the following two months in (January, February) had a considerable fall of 4 with regard to the previous two months. The price per sq.feet has had a considerable fall of 6 % 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 $53.61 to $3.13 during March, and April.

Average price

When referring to the price in Old Lyme (cities), this has risen considerably in the last 6 months. In our first sample month during November, the average price is $3,038. In December This price remains at $3,122. During the following two months (January, February) the average price fell 87 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 232 % during the last two months.

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 62 % more affordable than the average price of $3,066 in Old Lyme. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 62 % more affordable than the average aforementioned.

With regard to the average prices per sq.feet those properties with 1 bedroom are 5342 % more expensive than the average price of ($191 / sq.feet) in Old Lyme. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 5342 % more expensive 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 $8,040 it is 82 % 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 "Land". At a price of $6,646 it is 1 % more expensive than the average price.

According to the average cost per sq.feet, the least affordable property would be "House" at an average price of $201 / sq.feet followed by "Land" priced at $431 / sq.feet. "Condo" is the most expensive type of property with a $528 / sq.feet value followed by "Land" with an average price of $431 / sq.feet.

Charts data
Average price April
Average price per sq.feet April
Number of properties used in Old Lyme
Number of properties used in region Connecticut
$8,040
$3.51
60
36,626
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value