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Old 07-28-2010, 06:51 PM
 
2,414 posts, read 5,402,302 times
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Quote:
Originally Posted by Bluefly View Post
I've rented many apartments and never used a broker. What's the point when we have Craigslist?

You'll probably miss some apartments just looking online, but DC works a lot like Chicago' Washington Post is another good source.
At some of the better addresses you have to pay a broker fee to get in. I just wanted to make sure the OP knew how competitive it is getting into a luxury building in areas like Dupont.
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Old 07-28-2010, 08:35 PM
 
11,155 posts, read 15,708,272 times
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Quote:
Originally Posted by stars99 View Post
At some of the better addresses you have to pay a broker fee to get in. I just wanted to make sure the OP knew how competitive it is getting into a luxury building in areas like Dupont.
True, but if your girlfriend's going to school and you've got a place to stay for a few days before needing to find any place to live, I doubt a dream luxury condo is on the agenda. They must have a decent budget, though, to be looking on that side of town. So, who knows.
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Old 07-28-2010, 10:08 PM
 
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Neither of us are trying to live in luxury. I know having a large commute sucks so near the university is going to be a huge plus. Some sort of basement or anything would work great. As to if we can find something this late is the risk/problem.

What do you mean by decent budget? I understand rent is like 1500+ for a 1bedroom (might get a studio if we have to, but been there done that) but it seems most include utilities which will help defer more costs. Neither of us drink or go out to bars, we do enjoy to eat out but nothing super fancy just quick stuff. I pretty much live on the minimum. Just because I will probably be living in that part of town do I really need to have a huge budget after rent? I know what my expenses are but am I missing something about NW DC or is it just that the general population in that area like to spend money all the time?
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Old 07-29-2010, 09:53 AM
 
Location: Washington, DC
605 posts, read 2,160,737 times
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Quote:
Originally Posted by drsifl View Post
Just because I will probably be living in that part of town do I really need to have a huge budget after rent? I know what my expenses are but am I missing something about NW DC or is it just that the general population in that area like to spend money all the time?
Housing is by far the largest expense for most families. With a high area median income and recent land price and real estate taxes having also been high, new construction has helped to bring the apartment market up. Also, the area's and city's population have been booming, driving up demand for housing.

I think that $1500/month is a realistic budget for a one bedroom, though. Depending on when you arrive, you might not see as many apartments in that range. Saturday house hunting can get competitive with multiple people putting in applications for listings on Craigslist. If I were you, I'd try to get my hands on some print listings rather than relying solely on the internet. Though you had success in Florida on short notice, DC is probably a far more crowded market at your price range.

The cost of goods and services here is probably similar to Chicago, so your after-rent budget should be close to what it is now. If you have a car, insurance, gas, and parking are likely pricier here. Otherwise, healthcare, groceries, and other common expenses will likely be comfortable for you.
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