rent rates these days

what are your peoples opinions about the inflated rental rates in the past 3-4 years? do any of you guys remember the time when you were
able to afford to pay an apt. rent on a minimum wage job. What kind of an economy is it where people need to split the costs with a roomie just to get by. outrageous.

Wages havent been rising with the economy, or so i'm told. imo, 5.15 isnt worth squat. if you make less than a gallon of gas these days- or even half, hello!

In my town if i want a 1 bedroom apartment its 1000 dollars... gotta love california. oh yah, and gas is 3.55 a gallon... eeew

We got a 2-bed 1-bath ground floor for $755. Granted, we get a full-size laundry apparatus, but we don't have kids... most of my nice clothes are dry-clean anyway.

Back in Wisconsin (now in WA) I was looking at the same thing only second floor for $435. I'll love it when we get to go home.

I live on the east end of Long Island, New York. The going rate for a one bedroom apartment is around $1,200.00 per month. But I live in a private community and pay $1,400.00 per month plus utilities. It is nice though, always peaceful and quiet. Just my https://ball-pythons.net/forums/imag..._sign01341.gif



-Danny

P.S. Gasoline is $3.25 per gallon!!

here its a full basement, 3 bedroom, 1.5 bath and a 1 car attatched garage duplex for $625 a month!

Gasoline her is $2.99 a gallon and decreasing!

did i mention that the temperature range at my house is from 50-90? its worth my 3.50 in gas... i think? in one more year when im out of college im gettin out of cali though. this place is a joke.

Hey Regal Boids my wife said she is going to ralf!! That's great lol.:puke2:

lol. Why did she say that?

We own a property management firm (we work for the investors/owners who own the rental houses.) "Property Management Services, LLC, to be exact, if you are a landlord looking for management in Buffal. :) I can honestly say, the reason that rents are pretty high, is that we need to offset the costs from when people stiff us on rent and skip town. We just painted a house today in which someone's kid wrote all over the house walls with red crayon, pink nail polish, and left potato chip crumbs in all of the window sills! And since this is a family forum, I will not go into what they did in/to the attic... wow.. and there is one house we haven't even tackled yet; in one of the rough parts of Buffalo, it is full of castoff junk the people left, not to mention cockroach city! This should be a fun cleanout...
I also live on the other side of the rental coin; we rent our house. We have a nice landlord who only charges 500 per month; was 450 but we started paying more when we got the horses here.

Now I really know why I like these small towns....High rent around here is $350.00....and this is for 3 and 4 bedroom houses with 2 baths and 3 or 4 lots.... I am purchasing my place and only pay $196.00 a month. Of course the cost of living is much lower here.

And gas is $2.85

this is starting to make me sick... my house right now is a small 4 bedroom 2 bath with a tiny backyard and a 2 car garage and we pay about 2000 a month but we seriously have the best rent in town. the other places we looked at were 2000-2300 for a 3 bedroom 1 bath without a garage. a buddy of mine just rented out a 1 room studio for 1000 a month... this is depressing. there are reasons why im fleeing california in 8 months. if any of you are into the printing or marketing fields let me know!:tricho:

Many people really would be better off just buying and payong on a mortgage.

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Originally Posted by Ginevive

Many people really would be better off just buying and payong on a mortgage.

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yeah, actually. for people that are self made millionaires- whats the #1 thing they have in common? they all own their own home.

Wow some areas rental rates just blow me away! I can't imagine how you all pay what you do. In Toledo rents seem very reasonable, even compared to northern MI where we recently moved from. Average here (unless you want the very ritzy part of Toledo) is $500 to $800 for a nice 3 bedroom house or duplex. You do have to watch some areas of the city crime wise but all in all the rents are very reasonable here.

Wow. Prices are pretty outrageous here in VA. I found this on our local papers site.

Current Price Ranges:
4,967 Homes for Sale
Average Sales Price: $438,903 :O
458 Rental Properties
Average Rental Price: $3,016 :O

Those rental prices are for homes though. I think apartments may run from $700 and up!! I know when I was looking (3yrs ago) it was wiser for me to buy then rent.

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Originally Posted by daaangconcepts

Wow. Prices are pretty outrageous here in VA. I found this on our local papers site.

Current Price Ranges:
4,967 Homes for Sale
Average Sales Price: $438,903 :O
458 Rental Properties
Average Rental Price: $3,016 :O

Those rental prices are for homes though. I think apartments may run from $700 and up!! I know when I was looking (3yrs ago) it was wiser for me to buy then rent.

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I remember living in Fairfax - it was nuts back then. There is no way I could afford to go back and live there now!

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Originally Posted by Ironhead

Now I really know why I like these small towns....High rent around here is $350.00....and this is for 3 and 4 bedroom houses with 2 baths and 3 or 4 lots.... I am purchasing my place and only pay $196.00 a month. Of course the cost of living is much lower here.

And gas is $2.85

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I'm moving in with Ironhead. Cost of living is outstanding, he has nice snakies and makes killer hotsauce!

We pay $1200ish for poopy 2bedroom 2 level apartment with attached garage - cheapest in the area. It's gone up over $300 in the past 4 years...

We buy gas at Sams, which usually saves us 5-10 cents a gallon...but still, in the neighborhood of 3.20 for the truck (reg unleaded) and 3.50 for the Z (prem. unleaded).

New York prices are rediculous. Here on long island you can't find a studio for less 850. 1 bedroom apartment 1000-1200 range. 1 floor of a 2 floor house 1700.

Did I mention that we're paying $755 for no electricity and 40% water/sewer... IN A CRIME INFESTED GHETTO? Our celing leaks from the upstairs bathtub, we don't have a (functional) laundry vent, and our bathroom is falling apart. We're not even in city limits! The sheriff AVOIDS this area!
But gas is between $2.80 and $3.05. I hate Washington.:mad:

Hey! if your house's conditions are that bad, please call your city health inspector. I know that, working with the landlords we do, they have to inspect the apartments periodically; when a new tenant moves in. Well, they will Fail the whole apartment if one silly thing is wrong; such as, peeling paint on an upstairs window. So I would think that, if they are so anal about things like that, they would definately make your LL fix things if they saw a genuine problem!

Wow, rents in your areas are high! I know of one of our tenants that rents a whole house (decent sized, not sure of the sq. footage) with a nice yard for 650.00. A "regular" apartment with three bedrooms, bath, living room, kitchen dining room and basement access goes for around 550-600. These are 2 family houses, an upper and lower apartment, with decent sized yards and porches in front/back.
I can honestly say that the cities' taxing the landlords' resources is the reason for these high rents. That, and the astounding damage done by former tenants.
We are doing pretty good financially (my boyfriend and I) but we really prefer renting at this stage. If things go wrong, we fix them and take it off our rent; our LL is a very cool guy. I guess we got lucky; we are out in the mid of nowhere though.

I'm on long island and I guess the difference we see in our own state Gin, is due to the rediculous property takes here. Everyone seems to be selling their houses and jumping ship.

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Originally Posted by Ginevive

We own a property management firm (we work for the investors/owners who own the rental houses.) "Property Management Services, LLC, to be exact, if you are a landlord looking for management in Buffal. :) I can honestly say, the reason that rents are pretty high, is that we need to offset the costs from when people stiff us on rent and skip town. We just painted a house today in which someone's kid wrote all over the house walls with red crayon, pink nail polish, and left potato chip crumbs in all of the window sills! And since this is a family forum, I will not go into what they did in/to the attic... wow.. and there is one house we haven't even tackled yet; in one of the rough parts of Buffalo, it is full of castoff junk the people left, not to mention cockroach city! This should be a fun cleanout...

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I work for my landlords cleaning apartments, you dont have to explain some of the costs of rentals..LOL Most places that claim to be cleaned around here, ARE NOT, the stoves are dirty, the windows are dirty, the carpets are 8yrs old and falling apart.

We just cleaned one we nicknamed "Nicotine Alley" it had to be practically remodelled. New paint, tile, cabinets, fixtures, appliances, fans, mirrors, carpet. Before we could even paint we had to spray acid on the walls to remove the thick layers of brown nicotine so the Kilz would stick!! It was unreal! Took about 2months, and I made $400 ($10/hr) just to do the basic cleaning. I think they said they dropped $10K in it, and they rent them for $600/mo.

I pay $425/mo and I like my place better than the other ones. I have good landlords, and a nice place for what I pay.
Most places locally are real slums, (like living w/o heat during the winter because of a malfunction in a new apt complex, and leaking sewage tanks, black mold, crappy neighbors, drugs and what not) and those places charge $600/mo for a shabby 2BR with dingy carpets.
I will say the cost of living here, unless you work for Wal mart or Tyson Foods, SUCKS! My husband is a journeyman electrician and makes HALF what he would in Texas, Oklahoma, or Missouri.

gas is $3.08 here

http://biz.yahoo.com/special/re0912_06_article2.html

Article on yahoo about high rent rates...you'd be surprised how much people pay per month in the city...$30,000 per month in some cases...now that is rediculous

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Originally Posted by amercnwmn

I work for my landlords cleaning apartments, you dont have to explain some of the costs of rentals..LOL Most places that claim to be cleaned around here, ARE NOT, the stoves are dirty, the windows are dirty, the carpets are 8yrs old and falling apart.

We just cleaned one we nicknamed "Nicotine Alley" it had to be practically remodelled. New paint, tile, cabinets, fixtures, appliances, fans, mirrors, carpet. Before we could even paint we had to spray acid on the walls to remove the thick layers of brown nicotine so the Kilz would stick!! It was unreal! Took about 2months, and I made $400 ($10/hr) just to do the basic cleaning. I think they said they dropped $10K in it, and they rent them for $600/mo.

I pay $425/mo and I like my place better than the other ones. I have good landlords, and a nice place for what I pay.
Most places locally are real slums, (like living w/o heat during the winter because of a malfunction in a new apt complex, and leaking sewage tanks, black mold, crappy neighbors, drugs and what not) and those places charge $600/mo for a shabby 2BR with dingy carpets.
I will say the cost of living here, unless you work for Wal mart or Tyson Foods, SUCKS! My husband is a journeyman electrician and makes HALF what he would in Texas, Oklahoma, or Missouri.

gas is $3.08 here

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WOW.. I thought our last one was bad. That seems to take the cake! I know that landlords get a bum rap, and in some cases they definately deserve it. But some tenants are slobs.
Being a tenant myself, it is interesting to be on both sides of the coin. We seriously lucked out here because electric, gas and well water are included.
Anyone looking to start a business; give property management a try. No startup costs, and once you get a good base of investors/landlords, you will have to actually turn people down or be worked to death.