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my current lease will be up on april 1st and i would like to move to a more affordable apartment...i found these really cute apartments near where i live now and the rent will be based off of my income. how would i go about figuring my rent for each month? will the landlord take a percentage of my income or what? how could i figure out about how much it will be?

2007-02-16 03:23:40 · 9 answers · asked by tinkerbell20 1 in Business & Finance Renting & Real Estate

9 answers

Ask the landlord. He is the only one that can tell you what he will charge.

2007-02-16 03:26:54 · answer #1 · answered by answerman 4 · 0 0

Talk to the landlord and find out. These are federal subsidized housing. Which means they can not rent with somoene more than x amount of income a year. But if its under y you pay this much and if its under z you pay this much. Different based on where you live. Talk to the housing office or lanlord of this appartment complex.

2007-02-16 03:27:06 · answer #2 · answered by AJ 2 · 1 0

if i was you i wont do it as most privet landlord state how much the rent will be per mouth. it also deoends on the locastion of the house or flat if its in a poss place then the rent will be hight per mouth also look to find if there is anymore cost that comes with it. but me i would go to a agency that way you no were you stand and no how much it is going to be oer mouth hope this helps you out as dont wont to see anyone get rip off take care steve

2007-02-16 03:35:26 · answer #3 · answered by STEPHEN C 1 · 0 0

your best bet is to ask the landlord what it will be, or the scale they use.
\I would say in that situation, your rent is based on a scale from a percentage. lower to higher, based on the cost of living in that area. regardless, it will be as high as they can possibly get without totally destroying you financially.
good luck

2007-02-16 03:26:34 · answer #4 · answered by ? 6 · 1 0

not sure, wherever ive rented, it was a standard amount; no
income based stuff.
I read somewhere that ones rent should be 30% of their annual salary. If thats the case, than if u make 30 thousand a year,
30,000x30% is 9,000, if you divide that by 12 months, that gives you a rent amount of 750 a month.

2007-02-16 03:30:21 · answer #5 · answered by Jenster*is*flipping*you*off 6 · 0 1

Yeah, I'm with them. Just ask the landlord.

2007-02-16 04:11:13 · answer #6 · answered by KI 3 · 0 0

You don't want to ask your future landlord?

2007-02-16 03:26:41 · answer #7 · answered by Numb 3 · 0 0

ask your landlord

2007-02-16 03:31:56 · answer #8 · answered by Anonymous · 0 0

p

2007-02-16 03:35:41 · answer #9 · answered by Anonymous · 0 0

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