Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > California
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 02-15-2008, 07:10 PM
 
19 posts, read 66,058 times
Reputation: 11

Advertisements

Where is it most affordable to rent an apartment in California? Of course in a nice, safe place. What cost would that look like?
Reply With Quote Quick reply to this message

 
Old 02-15-2008, 09:06 PM
 
28,115 posts, read 63,659,938 times
Reputation: 23268
Affordable is a relative term... it really depends on the ratio to median rent vs. the median income...

I rent a small 2 bedroom 1 bath single family home to a family in the Bay Area for $725 a month... very affordable by Bay Area Standards, but I'm sure that are places much less in the far corners of the State.
Reply With Quote Quick reply to this message
 
Old 02-15-2008, 11:51 PM
 
Location: Southern California
3,455 posts, read 8,342,405 times
Reputation: 1420
wow...that sounds good for my area 50 miles outside chicago.
Reply With Quote Quick reply to this message
 
Old 02-16-2008, 02:10 PM
 
Location: where you sip the tea of the breasts of the spinsters of Utica
8,297 posts, read 14,161,809 times
Reputation: 8105
I think 23 palms out in the desert east of LA is about the cheapest I've seen. Desert Trail newspaper: Deserttrail.com
Reply With Quote Quick reply to this message
 
Old 02-19-2008, 06:20 PM
 
19 posts, read 66,058 times
Reputation: 11
where is the bay area? This is exactly what our family is looking for. Do you know how I could find something like this?
Reply With Quote Quick reply to this message
 
Old 02-19-2008, 08:31 PM
 
Location: where you sip the tea of the breasts of the spinsters of Utica
8,297 posts, read 14,161,809 times
Reputation: 8105
Quote:
Originally Posted by Ultrarunner View Post
Affordable is a relative term... it really depends on the ratio to median rent vs. the median income...

I rent a small 2 bedroom 1 bath single family home to a family in the Bay Area for $725 a month... very affordable by Bay Area Standards, but I'm sure that are places much less in the far corners of the State.
You're probably a kind and generous person, but you do realize that you could be charging at least twice as much as that, don't you? I don't think I've seen a rent that low in the Bay Area since about the 1980s.
Reply With Quote Quick reply to this message
 
Old 02-19-2008, 10:35 PM
 
11,715 posts, read 40,446,365 times
Reputation: 7586
Quote:
Originally Posted by Woof View Post
You're probably a kind and generous person, but you do realize that you could be charging at least twice as much as that, don't you? I don't think I've seen a rent that low in the Bay Area since about the 1980s.
No kidding. That sounds so undermarket that the IRS would probably consider the difference imputed income to the renter.
Reply With Quote Quick reply to this message
 
Old 02-20-2008, 06:53 PM
 
28,115 posts, read 63,659,938 times
Reputation: 23268
Hard to say... I look at it as a benefit to have someone that takes care of the property and rent is ALWAYS paid on the first without question...

She is older, lives alone, gets along with everyone and never entertains...

Like I mentioned... the House is small, a little over 800 square feet on a 25 x 100 lot... but it is nice and clean...

I have other long term renters that rent 1200 Sq Feet, 3 bedroom homes on 50 x 100 lots for $1500

Turn overs cost both money and time and it is worth it to me to know I don't have to worry about my properties...
Reply With Quote Quick reply to this message
 
Old 02-21-2008, 09:00 AM
 
Location: dfw
323 posts, read 1,425,748 times
Reputation: 107
Quote:
Originally Posted by Ultrarunner View Post
Affordable is a relative term... it really depends on the ratio to median rent vs. the median income...

I rent a small 2 bedroom 1 bath single family home to a family in the Bay Area for $725 a month... very affordable by Bay Area Standards, but I'm sure that are places much less in the far corners of the State.
Geez, where in Bay Area did you find such an apt?
Reply With Quote Quick reply to this message
 
Old 02-21-2008, 11:17 AM
 
28,115 posts, read 63,659,938 times
Reputation: 23268
Quote:
Originally Posted by jeevcy View Post
Geez, where in Bay Area did you find such an apt?
Many of my Rentals are located in Oakland... I live in East Oakland and I'm third generation Oakland... My Great Grandparents left San Francisco for Oakland 2 days after the 1906 Earthquake.

It's not an apartment... it's a small 4 room house... Livingroom, Kitchen and 2 Bedrooms.

All of my recent new residents are San Francisco Exiles that have crossed the Bridge to find affordable housing.

In fairness, I have also lost a few great tenants with school age children to Alameda... Parents have the added burden of finding the best school district for their children as well as affordable housing.

Rentals in Oakland neighborhoods with top performing schools are much higher than neighborhoods with mediocre schools

Last edited by Ultrarunner; 02-21-2008 at 12:11 PM..
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Settings
X
Data:
Loading data...
Based on 2000-2020 data
Loading data...

123
Hide US histogram

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > California
Similar Threads

All times are GMT -6.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top