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How much do you pay in rent?
- Thread starter PersonAndStuff
- Start date
$1690 with utilities except cable/internet. It's a condo and fairly small (~650sq feet) but was completely redone before we moved in with wood floors, new appliances, new bathroom, everything. This price is unheard of here in Arlington, VA - at least in the neighborhood I'm in - so snatched it up quick. Previously I was paying $2025 with no utilities and that was going to go up to 2100 if I renewed.
Other amazing thing is parking is $200 for the year. Also unheard of - you're usually paying in the 100-150 a month range.
Other amazing thing is parking is $200 for the year. Also unheard of - you're usually paying in the 100-150 a month range.
With 6 roommates (including myself) and after utilities, I'm paying $570 a month (up from 540). I also live in the smallest room in the house with no privacy because one of my roommates has to go through my room to get to his room.
555€ (615$), 30+ square meters (322+ square ft) so it's not big apartment, bedroom (there's an alcove where to put bed) and very small kitchen, my bathroom is bigger than kitchen, then there's decently sized closet. I live in a small city (30k population) and nowhere near the city centre. My apartment is too expensive for what it is, don't even have a balcony. The rent includes water but electricity is separate. Been living here for over 10 years, it's starting to be time for change.
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As in a 1 bedroom private apartment?
How close is it to Stockholm (or other somewhat large city)?
We split $1350 for 3 people and have to pay $450.
With the lease needing to renew, we now have to pay $1440 a month starting next year.
With the lease needing to renew, we now have to pay $1440 a month starting next year.
If you're paying $1,500+ in rent, buy a house. You're paying the same price (maybe even cheaper) except you're investing. Rent is throwing money away every month.
€ 772 (excluding everything) for a 3 story house close to the city center of medium sized Dutch City.
I think the main problem with that is people paying that much are probably sacrificing a lot to live in a good place in the first place, so they are probably scraping by and can't come anywhere near saving enough for a downpayment
For the same size place in the same neighborhood, it's much more expensive to buy than to rent unfortunately. That's including 20% down and a 30 year mortgage (ideally I'd do 15, even 20 is long enough).
Playing around with online calculators, to get a similar monthly payment I'd be limited to a 350k house on a 30 year deal. That doesn't even come close to buying anything here.
I'm still saving up (plan is to move in a couple of years to a new country, and then buy after being there for a year). We'll be going to the suburbs by that point, but we'll still need to figure out what the cost savings are. Not needing a car, insurance, gas, is pretty good for the budget.
£347.50 per month for a three bedroom flat in Aberdeen, Scotland.
That works out as about $445.91 in US dollars.
That works out as about $445.91 in US dollars.
I agree, however, there is an issue. A lot of new development requires a % down deposit. If you live in a place where a 2 bedroom 2 bath average around 600k then you're looking at 90k just for 15%. Someone who's 25-30 may not have that much cash on hand. Older buildings or houses have extra costs attached from fees to maintenance.
I've posted before:
No rent. Just strata fees which equal to $616 CAD a month for my place. Other places range from $400 - $700.
No rent. Just strata fees which equal to $616 CAD a month for my place. Other places range from $400 - $700.
I mean, where I'm from you'd need to save up for a deposit first and for many people that's just not possible whilst renting.
But you are talking about 1500+ so these people could rent cheaper and start saving.
It's not as simple as you're making it out to be. This would depend on the person, but assuming they would invest any differences between down payment & closing costs + difference between rent and mortgage there could be one clearly better option. If it's not a large difference in terms of the actual return then maybe buying would be better if someone wasn't disciplined enough to save any differences and if they actually desired to live somewhere sort of long term (8+ years).
1100 euro mortgage for a house in the Netherlands.
Around 160m2, 4 bedroom.
Interest is cheap, yo.
Around 160m2, 4 bedroom.
Interest is cheap, yo.
I consider myself lucky because I'm paying $700 CAD ($500 usd) living 5 minutes from downtown Toronto. I'm staying here for as long as I can, hopefully for 3/4 more years while I finish my masters etc. It's a three floor Victorian house and only I live in it with the landlord and his wife staying in their room here 2/3 times a week. They have another house in the suburbs. I'll never find anything like this ever again so I'm saving as much as I can for now, because when the day comes that I have to move I'll want to have down payment for a house. I look at rent anywhere else and what my friends are paying and makes me panic.
Sure, paying the same price until it's time to pay property taxes, lawn care, regular maintenance/upkeep, large infrequent repairs like the roof/HVAC/plumbing, or repairing/replacing appliances. Or any of the billion other random expenses that pop up when you own the house and can't call a landlord to come fix a thing.
Don't get me wrong, there are obviously benefits to owning a house but it's not as simple as "lol why pay rent when you can pay the same amount of mortgage instead", ignoring the need to save thousands of dollars for a down payment and all of the other costs of homeownership.
After utilities, and splitting cost with my fiancé, it's just under $1000. Housing costs are crazy.
I split a 2.5 bedroom with my girlfriend, we pay 2150/month.
It's a steal tbh, I never want to move. If I tried to buy a house around here we'd be paying twice that for a mortgage and I'd liquidate my savings
It's a steal tbh, I never want to move. If I tried to buy a house around here we'd be paying twice that for a mortgage and I'd liquidate my savings
Paying $950 before utilities to share a 2-bedroom in Oakland, CA. Nice part of Oakland, cheap for the location, but I'm paying nearly 40% of my net income per month in rent. Think I'm right at the poverty line for the Bay Area.
1000usd including mortgage (roughly a 60/40 split between the rent and the mortgage), storage unit, fiber, Tv, landline, parking spot, garage.
4 room apartment with two bathrooms.
500 if you only count my half.
Sweden, in a city of about 40.000.
My half would be about 16% ish of my net income.
4 room apartment with two bathrooms.
500 if you only count my half.
Sweden, in a city of about 40.000.
My half would be about 16% ish of my net income.
2100 for some bullshit 1 bedroom with no laundry, can't plug in my car, there's a gross tree that drops gross stinky fruits on our steps that track into the house, and the fridge stopped working 3 months into the lease. Management refuses to address any of these. They only care about collecting rent to satisfy the trust fund which owns the property.
It's literally a mortgage payment at this point, I can find better options. Pros of this place are that it's right off the main strip and walking distance to tons of bars, restaurants, stores, and culture. Also has 2.5 dedicated parking spots which is wild and unheard of for the area
It's literally a mortgage payment at this point, I can find better options. Pros of this place are that it's right off the main strip and walking distance to tons of bars, restaurants, stores, and culture. Also has 2.5 dedicated parking spots which is wild and unheard of for the area
$3700, 2 BR. NYC area prices, so skewed a bit. Split it with gf... used to have a great view of the skyline, but exchanged it for more space...
Prices are getting absolutely ridiculous by us... feel like we're going to be priced out of the area real soon, but I don't want to go to the suburbs.
Prices are getting absolutely ridiculous by us... feel like we're going to be priced out of the area real soon, but I don't want to go to the suburbs.
$1600 including utilities. Someone I knew from when I was a kid bought a house and wanted to rent out the first floor and the upstairs. It was initially $1500 for the first floor but since I knew her she offered me $1600 and she would pay all the utilities. I couldn't pass it up so I jumped on that immediately. I pay $800 and my girlfriend pays the other half, and we have two bedrooms so it's nice. We live in central NJ.
