Cost of rent in your area?

[the game]

Why would one do that?

I don't care why they did it. I was just grateful that they did.

[HumbleDuck]

I don't care why they did it. I was just grateful that they did.

To me, that would have been extremely disturbing. What is there in that room that they don't want anyone to find?

[Venarissa]

$425/mo living by myself in a studio (300 sq/ft about) in Fargo ND. This is on the lower end of apartments that I could find.

[Jahaga]

I'm about to sign the lease for a two bedroom apartment for $950/mo here in Illinois. There's another two bedroom apartment nearby for $845/mo. The one I'm moving into recently had a $8,000 renovation with new appliances like a fridge, dishwasher, electric stove and range, new faucets, etc...

I was looking for anything $1,000/mo and lower. Needless to say, there weren't very many choices. Although it looks like Google says the average rent in my area is about $846/mo

[the game]

To me, that would have been extremely disturbing. What is there in that room that they don't want anyone to find?

There was nothing in the other room. It was completely empty. They just locked it off so that I couldn't use it. Thus turning it into a 1 bedroom apartment. Honestly though when the new landlords bought the complex they didn't care enough to keep it locked so essentially I got a 2 bedroom apartment for $405 a month.

[Harry Botter]

Depends on the type of drugs you feel comfortable living around.....$450-$975 for apartments

[Nihilist74]

Denver Colorado, 1500$ a month for a 2 bedroom unless you want to live in the ghetto or barrio but the ghetto and barrio's are disappearing and being yuppified. Downtown, it is 1500$ month for a really small studio apartment.

[Antiganon]

800/month for a shitty 1br here, currently renting a 2.5br 1ba bungalow in a breakfront HOA for 1200/month, but the place is a dump and the landlord is a huge jerk.

Wife and I are trying to move, not enough house for the money, especially since we have 2 kids and it's not a great neighborhood for playing outside (tiny yards, people doing 50 mph on their way to the beach, etc).

Like 2 neighborhoods away, you can get a comparable house in the same (excellent) school district, but on a half acre, 20 years newer, and with a second bathroom and a 2 car garage, for about the same price (200-250k).

[WskyDK]

Here in Mesa Az, it looks like average for a two bedroom is 972/mo, and a studio ~650/mo

[ryan11d7]

I am moving to Oklahoma City this weekend. Paying 1139 + utilities for a very nice 1 bed/bath 700sq apartment. Was a little nervous dropping that much on rent but I make around 2.5x that with very little bills so should be manageable.

[Raeph]

Nearest town to me.

http://www.apartmenthomeliving.com/woodward-ok

So about 2 bed, 1 bath would run you about $650/700 depending on certain variables.

Don't want to rent homes in the three counties around here though. Oil boom in 2012-2014 pushed rental values up significantly, for the area. Stories I'm hearing are 2 bed, 1 bath, 1100 sq, $1400/m.

Compare to average wage of 41k a year: https://www.payscale.com/research/US...OK/Hourly_Rate

So around 25% of wage going to housing after taxes.

Granted we are also 140 miles from the nearest city of any size (Amarillo, TX or OKC).

[Spectral]

My wife and I pay $1525 for a downtown one-bedroom apartment in Madison, Wisconsin. Definitely not cheap, but basically fine and it wouldn't really matter much to me if it was $2K/month instead. I think we'd probably be better off buying a nice condo, but we're a bit hesitant about knowing for sure that we want to stick around here long term.

[ryan11d7]

A different question, what % of gross monthly household income would you be comfortable with spending on rent/mortage?

[Celista]

Hey folks, I've been going through some serious trouble with rent lately. Long story short, I'm in a 2-bed apartment outside of Portland, OR. My roommate disappeared about 3 months ago, and I've been covering rent on this place by myself, $1,350 total. It's been tight, but I can handle.

So he finally reappeared, and we agreed he would move out and get off the lease. So I tried getting another roommate in the meantime. He failed the application because he had an eviction. The current situation is that my current roommate can't get off the lease unless I can qualify for the rent myself, which is 2.2x a full month's rent - about $2,780, or I can get another roommate on. I make almost $1,000 less than that a month. I pointed out to them that I've been paying rent by myself for 3 months now, but that doesn't seem to matter. So I discussed moving into a 1-bed. Their 1-beds cost about what I'm paying for a 2! So again I couldn't qualify. I'm sorry, but if I was making damned near $3,000 a month, I would NOT be living in this apartment complex.

Which brings me to my point. The price of living is outgrowing the income of the people who would actually live there. Why? Why is this a thing? Rent should not cost you 70%+ of your fucking monthly income, that's just stupid. The 1-beds in other complexes around here are similar - about $1,100 or more a month. For a ONE. BED. APARTMENT. There's even a complex being built near the Nike WHQ campus that has STUDIOS at almost $1,400! Less than 300 square feet!

So, what is rent like in your area? Has it gotten out of hand like this too? Do you hear a lot of complaints about it, or about your current complex charging too much?

Yeah Portland's insane right now. I'm probably going to be moving. I have a two bedroom for $1240 a month in inner SE, all utilities included. For now at least. Landlord likes me, but he may very well drastically increase my rent in the near future....

- - - Updated - - -

My wife and I pay $1525 for a downtown one-bedroom apartment in Madison, Wisconsin. Definitely not cheap, but basically fine and it wouldn't really matter much to me if it was $2K/month instead. I think we'd probably be better off buying a nice condo, but we're a bit hesitant about knowing for sure that we want to stick around here long term.

I would math out real estate appreciation/closing costs/etc in the event you want to move. I have a feeling that you'd still come out ahead.

[Spectral]

I would math out real estate appreciation/closing costs/etc in the event you want to move. I have a feeling that you'd still come out ahead.

We've looked pretty hard. The transaction costs are high and the sorts of places we're inclined to buy keep good value, but it's not clear that they'll sell quick. The biggest thing is that we're waiting for my wife to wrap her Ph.D. before settling on whether we're sticking around. Since that's within the year, we're just holding tight for the moment.

There's also the opportunity cost of the actual expenses - we'd wind up spending a lot more per month, which I have reasonable investment avenues for. So it's kinda tricky.

[Aquinan]

Whistler, in BC, Canada. I'm paying $2k /mo with my other half for a 1bed 1 bath + utils. There is a serious housing problem here though, too many empty "holiday homes" that sit empty year round, greedy land lords putting 4 people per room charging $1k ea in a house of 12 people, air bnb taking up a lot of rental property. Basically a bit of a shit time unless you got lucky or managed to squeak some staff housing, you're easily looking around $800-$1k to share a room.

[endersblade]

Wall of text incoming, sorry.

The primary problem with the area I live in is both Nike and Intel have their main HQs up here. So rent is silly because they pay their people well. The problem is, it hurts all of the OTHER people who want or need to live around here. I make about $1,800 a month doing tech support for Nike. There are a handful of apartment complexes within a 10 mile range from Nike that I can even qualify for, and their waiting list is a mile long.

Before I moved into my current place, which is probably the best apartment I've ever lived in (though ownwership and front desk are a completely different story), I lived in a little shithole in SW Portland and was commuting over an hour in both directions for work. I was paying $915 a month in rent, and this place wasn't even worth $700. At the end of my lease, they wanted to bump it up to $1100. I fucking laughed in the face of the woman in the front office. I could stand in the living room and spread out my arms, I'm 6'2 mind you, and could almost touch both walls. The bedroom was big enough for my queen sized matress and that was it. I could sit in the kitchen sink and use the stove on the opposite wall just fine. I don't remember the square footage, but it was fucking tiny. But listed as a 1-bed, not a studio.

It's one of those situations where I have no idea what to do other than to hope I can get another roommate. I can't afford to just uproot and move somewhere. I can't save money because this place is bleeding me dry. I can't afford to live alone because rent is just going to keep going up, but my income is not. I can comfortably afford to pay about $1,000 a month in rent, though it would still suck. The problem is, it won't STAY $1,000 a month.

And it costs so much to move. And most complexes here nickle and dime you to death when you move out, so you see just a tiny fraction of your deposit, if any. That shithole of a place, my deposit was $950. I got $150 back. And they sent me a massive stack of papers of all the charges I was hit for. When I moved out, I cleaned the crap out of that place. I had only been there for a year, so it's not like it was filthy. I hadn't destroyed anything at all. I had that place cleaner than when I moved in! But no, it cost them, I kid you not, $200 to remove MOLD from the patio? $75 to replace the catch pans on the stove? $25 to fix a scuff on the linoleum? Are you kidding me with this shit? The entire outside of the apartment complex is fucking covered in mold, it's fucking PORTLAND! I even went back to the place after I got this stack of paperwork and my deposit back, they never even cleaned the patio off. It was still covered in mold.

I tried to go after them for more of my deposit back, but it would've cost me more time and money than it was worth. But like I said, they can afford to get away with this. They don't care about their tenants. They care about the money.

The place before this was even crazier. The apartment was literally falling apart around me and my roommate. They basically just stuck shit together for when we inspected it with tape and glue, maybe even paint, but you can't polish a turd. So we were putting in maintenance requests on a weekly basis after having been there for barely 4 months. EVERYTHING was just coming apart. Kitchen drawers and cabinets falling apart at their joints, pipes bursting, bathroom railing falling out of the all, the back sliding door continually popping out of its track because the frame was crooked, so many little things. The entire apartment was run on two circuits. One circuit covered both bedrooms, the bathroom, hallway, and half of the living room. The other was the other half of the living room and the kitchen. We popped the circuit breaker any time we plugged something in. It didn't matter if NOTHING else was plugged in. We also think we were paying for the electric outlet in the outer hallway of the complex, because our electric bill was almost $200. That's silly.

So, what did they do? Threatened to kick us out for destroying the apartment. They said that we signed the paperwork saying the apartment was sound, so obviously it was our fault this shit was breaking. We spent $2,000 in a legal battle with them, having experts come out and inspect the place, and in the end we proved none of it was our fault. And all we got out of it...was one month's rent. About $900. And all of this caused discord between me and my roommate, and I ended up moving out, which is how I ended up in the place I described above. I lost the deposit, which I paid 100% of, I lost furniture and dishes and appliances and all sorts of shit because I just wanted to be away from him. All because the complex management came after us, even though we won in the end.

[kail]

$1,300 a month is what I'm paying for 1 room, 1 bathroom in Miami,FL. They can go as low as $1k but those are in extremely shitty condition last I checked. My apartment at least has a living room area with a small kitchen.

[NM 156]

Two bedrooms run around 500-800 per month. The 500 dollar ones are still fairly decent to live in too.
Studio's can go as low as 375 but I can't attest to how nice they are having never been in one.

[Deleted]

In Estonia its 250-300 euros for 2 bedroom apartment + water/gas/electricity fee of about 150.

US prices are outright crazy.