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Old 02-01-2014, 03:15 PM
 
12,735 posts, read 21,783,641 times
Reputation: 3774

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Thanks for all of you all who had helped with my job search!!!

Recently, I was offered a job with Chevron. I have proposed a budget of $1,000 for a one bedroom apartment, but will increase up to $1,300 or $1,400 if need be. I want to live around young professionals and live close to some good restaurants. Most importantly, I want to live close to work. Any help will be greatly appreciated.
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Old 02-01-2014, 03:41 PM
 
Location: Breckenridge
2,367 posts, read 4,696,696 times
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Midtown or Montrose. You will have to increase your budget to 1300-1400.
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Old 02-01-2014, 04:03 PM
 
232 posts, read 463,313 times
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Congrats on your new job! Something in the loop would be best in terms of location but I'm not sure the apartments in those locations will fit your budget: The Heights, Montrose, Rice Military/Washington Ave, Midtown, and possibly parts of River Oaks. There are a lot of apartments on & around Montrose Blvd/Studemont that would be convenient as you can just take Allen Parkway to downtown.
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Old 02-01-2014, 04:15 PM
 
19 posts, read 35,944 times
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Quote:
Originally Posted by SouthernBoy205 View Post
Thanks for all of you all who had helped with my job search!!!

Recently, I was offered a job with Chevron. I have proposed a budget of $1,000 for a one bedroom apartment, but will increase up to $1,300 or $1,400 if need be. I want to live around young professionals and live close to some good restaurants. Most importantly, I want to live close to work. Any help will be greatly appreciated.

The fun areas for young professionals are Upper Kirby, Midtown, Washington/Rice Military, Montrose, Sawyer Heights (1st Ward)


I would up your budget slightly to $1500 and get something good in either of those areas.

Good Luck.



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Old 02-01-2014, 04:28 PM
 
12,735 posts, read 21,783,641 times
Reputation: 3774
Thank you all for the insight! OK. Here's the thing. I am going to be VERY new to this whole adult life since I'm living in a dorm and have to buy NO bills. I'm going to have a salary above $70,000, so I'm sorta confused on what should I spend on rent considering other bills and necessities and my own personal spending.
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Old 02-01-2014, 04:44 PM
 
232 posts, read 463,313 times
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Quote:
Originally Posted by SouthernBoy205 View Post
Thank you all for the insight! OK. Here's the thing. I am going to be VERY new to this whole adult life since I'm living in a dorm and have to buy NO bills. I'm going to have a salary above $70,000, so I'm sorta confused on what should I spend on rent considering other bills and necessities and my own personal spending.
You'll need to factor in your actual take-home pay (net) which is not the same as your gross pay (e.g. above 70K), utilities (phone, electric, gas -- some apartment complexes will include these in your rent -- cable, water), furniture including a TV if you don't already have all of this, renter's insurance, groceries, filling your gas tank, going to the movies, eating out, any student loans, hobbies, etc.

There are several sites & Apps you can use to determine your budget:
https://www.mint.com/how-it-works/budgeting/
How to Budget My Money: The 50/20/30 Rule
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Old 02-01-2014, 04:50 PM
 
19 posts, read 35,944 times
Reputation: 33
Quote:
Originally Posted by SouthernBoy205 View Post
Thank you all for the insight! OK. Here's the thing. I am going to be VERY new to this whole adult life since I'm living in a dorm and have to buy NO bills. I'm going to have a salary above $70,000, so I'm sorta confused on what should I spend on rent considering other bills and necessities and my own personal spending.

Well this is the way I see it, If you're trying to just save money.. don't rent an apartment over $1000 a month. You will always have necessities and depending on who you are, those will range from $200 - 500 a month.

You always have Internet, Cable/Satellite TV, Phone (if you need one) electricity. then if the apartment doesn't pay for water that's an additional cost

Try alternatives like renting a room in a house or finding a roommate and getting an apartment.


I think you can get decent apartment prices in Sawyer Heights area right now, check out prices.
There's Garage apartments in the Heights you can rent too, it would take you a few minutes farther out of central but it seems like you can save more money and still be in a good area.
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Old 02-01-2014, 05:00 PM
 
Location: Breckenridge
2,367 posts, read 4,696,696 times
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At 70K you can afford 1500 a month plus utils. You will spend easily that much money a month on partying. Spend the money. You are young. Party it up! Pick a complex with a good pool scene. Some complexes are loaded with hot girls. There are two seasons in Houston. Pool season and football season. If I was on a teachers salary I would be looking at garage apartments in the Heights. Enjoy your young years and party your ass off. A good complex in a good location will help a lot.
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Old 02-01-2014, 05:04 PM
 
Location: The Greater Houston Metro Area
9,053 posts, read 17,201,105 times
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Quote:
Originally Posted by Schumacher713 View Post
At 70K you can afford 1500 a month plus utils. You will spend easily that much money a month on partying. Spend the money. You are young. Party it up! Pick a complex with a good pool scene. Some complexes are loaded with hot girls. There are two seasons in Houston. Pool season and football season. If I was on a teachers salary I would be looking at garage apartments in the Heights. Enjoy your young years and party your ass off. A good complex in a good location will help a lot.
This here. Google apartment locators Inner Loop - find one and tell them what you want. Free service. Ask them what a one bedroom would cost in a decent complex with young professionals.
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Old 02-01-2014, 05:42 PM
 
2,480 posts, read 7,140,569 times
Reputation: 2079
I was wondering if this was ever going to happen! You haven't been around in a long while. Congrats on the job!
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