Rental at what cost?

Discussion in 'Teacher Time Out' started by Bored of Ed, Nov 18, 2012.

  1. Bored of Ed

    Bored of Ed Enthusiast

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    Nov 18, 2012

    I know I live in one of the highest rent areas in the country, maybe one of the highest in the world, but I'm curious exactly how it compares - both with others in the same area and around the country/world.

    We're apartment hunting in Manhattan, NY now and it looks like our best offer is $1800 for 2 bedrooms, 1 bathroom. Not sure exact square footage but it's considered large for the city, one bedroom and the kitchen look quite big to me while the other rooms seem average and the closets downright stingy. And this is for an old fixer-upper type place. But when you're a couple with two little ones, you really need that extra bedroom and living space and if you have to choke yourself paying for it, so be it. :dizzy:
     
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  3. FarFromHome

    FarFromHome Connoisseur

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    Our housing money on a military base is around $2,000. We have a 2 bedroom 1.5 bath townhouse. We have a small yard, one covered and one uncovered parking spot. This is in Hawaii. If we lived off base it would probably cost a lot more to get something similar to our house.
     
  4. chebrutta

    chebrutta Enthusiast

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    I live in a small town in South Florida. We pay $1100/mo for a 3BR/2BA townhouse. No private yard, no covered parking, with a small screened porch.

    We're about 20 minutes from the beach... the closer you get to the beach, prices get much higher.
     
  5. agdamity

    agdamity Fanatic

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    Nov 18, 2012

    I live in Arkansas. When we rented our apartment, it was 2 bedroom 2 bath, 1000 square feet, on a golf course, and $675 a month. Our current mortgage, for a 3 bedroom 2 bath 1350 square foot single family home is $800.
     
  6. monsieurteacher

    monsieurteacher Aficionado

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    We currently have a three bedroom apartment (really it's the top floor of a house). It's all inclusive (heat/lights/even internet) for $700/month.
     
  7. BettyRubble

    BettyRubble Rookie

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    Nov 18, 2012

    We currently live in an 800 sq ft 2 BR, 1 bath apartment in Connecticut and pay $800/month. It's the cheapest (but still nice) place around because it's out in a rural area. The ones closer to town range from $1200-2000/month.

    We will be renting a 3 BR, 1 bath ranch shortly for $1100/month, but we are renting from friends who could easily get $1300+ for it. They are just giving it to us for less because they'd prefer to have someone they know living there.
     
  8. Ms. I

    Ms. I Maven

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    Nov 18, 2012

    I'm in southern CA about an hour from L.A. I think I live in one of the nicest complexes in my city. Here's the rent here:

    977 sq ft 2 bd/1 ba = $1300

    1051 sq ft 2 bd/2ba = $1400 & higher for the other 3 floor plans of larger sq footages.

    I got my 702 sq ft 1 bd/1ba apt w/ laundry rm for $1135 + utilities.

    Rent in my area can change daily, which I never liked.
     
  9. dgpiaffeteach

    dgpiaffeteach Aficionado

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    Nov 18, 2012

    I live in a 735 sq ft one bedroom for $915 in Columbus, OH.
     
  10. Kangaroo22

    Kangaroo22 Virtuoso

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    Nov 18, 2012

    I pay $625 (includes heat and hot water) for a 560 sq ft one-bedroom apartment near Syracuse, NY. This was the lowest-priced apartment that I could find in a complex that is well-maintained and in a decent area.
     
  11. JustMe

    JustMe Virtuoso

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    We rented prior to and while building. It was a two bedroom with walk-in closets, one bathroom, kitchen with a separate dining area, living room, larger laundry closet, outside balcony, and a beautiful view of farm. Rent was $375.
     
  12. Bored of Ed

    Bored of Ed Enthusiast

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    Holy.... WHERE?! I'm packing my bags!!! Other places I think lower cost of living correlates with lower salaries too. But this is unbelievable. I have to get me out of New York...
     
  13. JustMe

    JustMe Virtuoso

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    Nov 18, 2012

    Haha...in Kentucky. That is pretty standard in this area. For the county next to us, which offers shopping and other conveniences, it's a bit more...but not too much more. If it makes you feel better, I do make far less than a lot of teachers here who are from more northern states. This is my seventh year and now that I moved to a new district with less impressive salaries, I make under $50K.
     
  14. Linguist92021

    Linguist92021 Phenom

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    Nov 18, 2012

    In San Diego the prices are pretty similar, depending on the area it can be cheaper by a couple of hundreds, the same or slightly higher.
    I live in a huge house, 2b + 2ba, everything is huge inside, + a private long driveway and a pretty nice size backyard. (big enough for me to have a goat :haha:) My rent is great ($1400) mostly because my landlord hasn't raised the rent for the 5 years since I've lived here.
    The house is kinda old, but in good condition. I've been looking around on Craigslist to find a similar house for less $, nothing even comes close to it. I'd pay at least $300 more for similar size, or even smaller. So I'll probably live here for a long time.
     
  15. Bored of Ed

    Bored of Ed Enthusiast

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    And here I thought you must be leaving off a digit and one end or another.

    Anyway, under $50k salary (if it's not TOO much under, like $15k :p) with a $375 rent goes a LOT farther than $50k salary with $2000 rent... siiiiigh. I'm just too attached to my family and hometown to move out just yet. Will have to eventually, but we'll stick it out a few more years until we really feel the pain I guess.
     
  16. JustMe

    JustMe Virtuoso

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    Nov 18, 2012

    I did make $51K last year...I'm not even positive what it is now, but it's around 47 or 48.

    But family and hometown ties mean a lot. :)
     
  17. Proud2BATeacher

    Proud2BATeacher Phenom

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    Nov 18, 2012

    I had a 1 bdrm, 1 office (no window), 1 storage room, 1 bathroom for $1200 -- utilities not included with no security.

    I also lived in a 2 bedroom, 2 floor, 1 bathroom for $950 -- utilities not included.
     
  18. DrivingPigeon

    DrivingPigeon Phenom

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    My fiance and I own a duplex in the midwest. We live in one side, and rent the other side out. Our tenants are paying $700/month and the place is about 1200 square feet with 3 bedrooms, and a 2 car garage. We live in a pretty nice neighborhood in one of the largest cities in our state.
     
  19. karebear76

    karebear76 Habitué

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    Nov 18, 2012

    First home: $250 month, plus utilities for 2 bedroom, 1 bath, eat in kitchen, laundry room, covered porches, off-street parking, large front and back yards.

    Second home: $400 month, plus utilities for 2 bedroom, 1 bath, large kitchen, laundry room, bonus room (family room, office, dining, etc HUGE space), sun room, partial basement, street parking, large backyard.

    Mortgage: <$600 month for 3 bedroom, 1.5 bath, LR/DR, kitchen, full basement, carport, storage building, rear deck, covered front porch, concrete driveway, average size lot.
     
  20. Missy

    Missy Aficionado

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    My daughter and her roomies pay a total of $1950. for a fairly large apt in Chicago.
     
  21. Caesar753

    Caesar753 Multitudinous

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    I live in southern Nevada. We own our own home now and our base mortgage is $550/month ($750/month after whatever fees and insurance they tack on). We have a 3-bed/2-bath with a walled-in private back yard, garage, hot tub, and vaulted ceilings. I love, love, love our house. We got it for a steal, mostly because our zip code is like the #1 in foreclosures in the entire country.

    Before we bought a house here, we paid around $800/month for a fairly large 2-bed/2-bath apartment with a covered parking space and a small private patio.

    When we lived in a college town in Indiana, we had a similar apartment for which we paid around $500/month.
     
  22. Ima Teacher

    Ima Teacher Maven

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    Nov 18, 2012

    My friend pays $325 for a two bedroom, one bath apartment. She's got a big back patio, a small front porch, a living room, and an eat-in kitchen. I'm in Kentucky, too. Another friend had a similar apartment, only with a half bath, too. She lives 50 miles from me, and she was paying $775.

    My ex lives in a 2 bedroom 2 bath apartment that is $425 a month. Living room, eat in kitchen, and no laundry hook up.

    I have a 1600 square foot house on 1.5 acres. My house payment is $774 on a 15 year loan, and that includes escrow payments for taxes and insurance.
     
  23. Blue

    Blue Aficionado

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    We have a 3 BR, 3 Bath 2800 sq ft home on 3 acres, and our mortgage is $1400 per month.
     
  24. chicagoturtle

    chicagoturtle Fanatic

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    Rent varries so much here in the city. I live in an up and coming area that is more up and comming than it once was. I don't know if my rent would be more if I hadn't lived here for so long, but I pay a bit under 1000 for a very large 1 bedroom/ 1 bath.

    Teachers here are required to live in the city.
     
  25. waterfall

    waterfall Maven

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    I live in a Denver suburb only about 10 minutes away from the city. I have a very nice apartment for a little less than 1,000. I wanted to live in the city but it just wasn't possible. The cheapest thing I found was 1200 and it was something like 500 sq. ft. with no amenities or parking. I currently have a private garage attached to my apartment (so I can just walk right in from the garage) a nice list of amenities, and about 900 sq. ft. I am still a little jealous of my friends that live right in the city and can walk everywhere though. I've heard that rent in Denver has skyrocketed over the past year ago because so many people are moving here. The apartment vacancy when I was looking was at less than 1%. They just can't even keep up with all the growth.
     
  26. Peregrin5

    Peregrin5 Maven

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    We have a large 1 bedroom 1 bath, and it's about 1000 dollars.
     
  27. SpecialPreskoo

    SpecialPreskoo Moderator

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    Seeing all of these rental costs makes me appreciate the house we have right now. 3 bedroom, 2 bath, living/dining combo, den, breakfast area, huge kitchen, huge laundry, 2 car carport for $500 a month. My apartment I had at JSU was $400 for a 2 bed 1 1/2 bath. Of course I've had rather rough looking but remodeled trailers for $300 and $275 for 2 bed 2 bath.
     
  28. Bored of Ed

    Bored of Ed Enthusiast

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    So maybe if we stay in our obscenely expensive NYC apartment for a few years and I manage to land an obscenely well paying job concurrently, we can do some saving and by the time our lease is up we can retire to Kentucky! Wahoo! (OK, I know it doesn't QUITE work like that, lol.)
     
  29. yellowdaisies

    yellowdaisies Fanatic

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    Nov 20, 2012

    We pay around $1500 for a less than 700 sq ft one bedroom in SoCal. We used to pay $1200 for a 780 sq ft one bedroom in a different area of SoCal. We complain about our ridiculous housing costs of course, but the truth is that DH and I love SoCal and will probably never leave.
     
  30. JustMe

    JustMe Virtuoso

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    Great plan! Let me know when you make the move. :p
     

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