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Old 04-06-2015, 08:35 PM
 
36 posts, read 50,275 times
Reputation: 12

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Hi,

We are looking to relocate out of the heat and to a place with more green. It is my wife and 3 daughters ages 9, 5, and 2.

Out household income with roughly around $65-75k combined

We are looking for a safe neighborhood, with good schools. Looking for advice on possible 3 Bedroom apartments or 3 Bedroom houses.

Any advice / recommendations would be greatly appreciated a

Thank you
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Old 04-06-2015, 09:03 PM
 
Location: Seattle, WA
176 posts, read 299,398 times
Reputation: 150
Where will you both be working? That will help give us a better estimate as to what neighborhood would be best suited for you and your commute. One thing you will find quickly here is that, unless you have a high salary, it is really difficult to find a home that has great schools, safe neighborhood, and is affordable. The current housing market is insanely growing and getting a little ridiculous (there are a lot of discussions on this topic here), quickly making Seattle the next most expensive place to live.

Regarding housing, the income to rent/mortgage ratio is 28% of your income. At 75K that leaves you at $1,750/mo on rent/mortgage. There are plenty of people that live on your income here, but they live outside of Seattle and have a frugal lifestyle. Here's a look at rentals in Seattle:

Zillow Rentals
Padmapper
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