I've had offers from 850 to 900. I believe this is too high. I am actually looking for an apartment community to avoid going to a laundromat, onstreet parking, etc
2006-08-25 06:04:57 · 3 answers · asked by Existentialist_Guru 5 in Business & Finance ➔ Renting & Real Estate
High for a one bedroom, but that would depend on what utilities are included. Most complexes built very few one BR units as the rent differential used to be much greater between bedroom sizes and one BR tenants are usually harder on the units (at least statistically speaking).
Current 1BR HUD Fair Market Rent in Worcester is 704 including all utilities. This is based on survey information in the three months prior to April, 2006. HUD sets the FMR at the 45th percentile, so it is just under the median. The median would be about 750 by my calculation. Figure approximately $100-$120 for heat, electricity, cooking and hot water if you pay it.
Try Upland Gardens, Washington Heights, Lincoln Village, and other mixed income rental developments, where rents are apt to be a bit lower due to the presence of some subsidized units. Also worth checking condo rentals.
Telegram classifieds on Sunday are the best place to start, also look under "Apartments" in the yellow pages for the names and phone numbers of complexes.
Good luck!
2006-08-25 06:17:38 · answer #1 · answered by AndyH 3 · 1⤊ 0⤋
That's actually a good range for a complex - the lower rents are in privately owned buildings but do not have the amenities you are looking for. Try the local classifieds to find a better deal than online or in the Globe/Herald.
2006-08-25 13:09:06 · answer #2 · answered by Alexis 4 · 0⤊ 0⤋
http://www.nohasslebargains.com/loan/real_estate_services.html
Real Estate Services
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2006-08-25 13:23:13 · answer #3 · answered by Anonymous · 0⤊ 0⤋