hi I am a 24yr old single female. I earn currently 12 an hour, i work 5 days a week from 9-5. and I am shacked up in with a freind and his family in an apartment thats 2 bedroom. I stay here rent free cause they are doing me a huge favor until i can find else where to live.
I really want to move out. and wanted to know what are my options based on my income level. basically do any one have any information on/about affordable rentals for individuals such as myself?
besides shared rooms.
let me know
thanks
thanks
2007-11-21 13:11:03 · 3 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate
since you make 12 an hour, i would say you should just shop around for an apartment, find the area that you would like to live in and compare rates for a one bedroom...good luck on your place:)
2007-11-21 13:20:16 · answer #1 · answered by Dusti-n-Jessie 4 · 0⤊ 0⤋
Sounds like you make about $25,000 per year, or little over $2,000 per month. You should be able to afford about a third of that on rent, or about $700/month. You'll need about two months rent saved up (for 1st month's rent plus deposit), or about $1,400.
Rents vary a lot from area to area, but if you can find a 1-bedroom or studio apartment for about $700/month, then you should be able to get your own apartment if:
1) you have at least $1,400 or more saved up
2) you've been working steadily at your job for at least a year
3) you don't have really bad delinquencies on your credit report.
Check out Craigslist online for apartments in your area - good luck.
2007-11-21 21:52:26 · answer #2 · answered by Marko 6 · 0⤊ 0⤋
A lot depends on where you live - apartment prices in LA or NYC are very different than, say, Dubuque Iowa. See what apartments go for in your area, then make a budget and see if you can afford one and still have money left for other things you need. If not, you'd have to look into finding a roommate.
2007-11-21 21:53:58 · answer #3 · answered by Judy 7 · 0⤊ 0⤋