2006-08-04 15:59:21 · 14 answers · asked by thespeakeris tooloud 1 in Family & Relationships ➔ Other - Family & Relationships
We're paying $700 / month for rent and it seems ridiculously too much.
2006-08-04 16:02:56 · answer #1 · answered by Ducky S 5 · 0⤊ 0⤋
That would depend on the city you're living in and the side of town you're living on. This is based on what the average mortgage is compared to paying rent. If rent for a nice apartment in a nice area is say $1,000 - $1,200 and the avg mortgage payment is $1,200. Buy a home if you can. Makes no sense to throw away money and make a landlord rich. Or if you can find something for say $600 - $800, and you like the area and most of all you can afford it go for it. Make sure you can afford it either way. If you don't have much to live on after paying a certain rent amount, Then you either need to look for a cheaper place or cut down on you spending.
2006-08-04 16:09:13 · answer #2 · answered by styymy_2000 4 · 0⤊ 0⤋
thats a tough question and something i have been considering quite a bit lately.
what ever you pay in rent is basically money you will never see again. and most people don't realize that whatever the area they live in and whatever the rent may be...you can spend a couple hundred more a month and be paying for a house or condo of your own. something you can get back from.
it took me a while to figure this out...and so for ten years i have been wasting my dollars away and still have nothing.
i look back and realize that i could have been paying a little more the whole time.
i will waste my money no more on rent!!!
2006-08-04 16:13:36 · answer #3 · answered by deanna 2 · 0⤊ 0⤋
That depends on the area. Where I am, an apt is $1,150 and the houses are like $500,000. The salaries are higher in this area.
You want to spend about 1/4 - 1/3 your bring home on rent.
2006-08-04 16:03:50 · answer #4 · answered by Tony T 3 · 0⤊ 0⤋
Depending on the size of space you require determines the amount you should pay I have 4 bedroom with a garage and i pay 825 but i am also on a lease purchase which is a great option
2006-08-04 16:06:40 · answer #5 · answered by sexysummer34 1 · 0⤊ 0⤋
$430 for a one bedroom $650 for a two bedroom. Most people in New England end up taking it up the *** and have to pay $700. for a one bedroom and $1200 for a two bedroom. Greedy New England *******! Good Luck!
2006-08-04 16:04:39 · answer #6 · answered by doesitmatter 4 · 0⤊ 0⤋
We pay $1200 for a 3 bedroom house in the country, that's our limit!
2006-08-04 16:02:59 · answer #7 · answered by KO 3 · 0⤊ 0⤋
The most ill pay is 650
2006-08-04 16:07:14 · answer #8 · answered by Anonymous · 0⤊ 0⤋
A two bedroom apt here in So Cal, where I live is going for $1350.
2006-08-04 16:04:57 · answer #9 · answered by Doug 2 · 0⤊ 0⤋
I have a room for rent in sacramento for $300.00 per month with no deposit.
2006-08-04 16:03:27 · answer #10 · answered by teddybar67 4 · 0⤊ 0⤋