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What are the average prices for apartments and homes in your area? Are they going up or down?
Lets keep this going, I am curious what rental prices are across the nation. This thread may be helpful to those looking for affordable rental areas. Thanks!
What are the average prices for apartments and homes in your area? Are they going up or down?
Lets keep this going, I am curious what rental prices are across the nation. This thread may be helpful to those looking for affordable rental areas. Thanks!
Should have up-dated info shortly... every year the local apartment owner's association polls members regarding rent and amenities... they do not gather data on subsidized units... only open market.
I have not raised rents on any existing tenants for awhile...
Same here, rents are fairly stable but still some slight decline. Certainly no increases in almost 2 years. Volume is good however, so we're pretty good on occupancy.
We have very few true apartments here, but lots of condos. A decent 2/2 unfurnished would be from $900 to $1400 depending on amenities and location.
I own a condo in Austin TX and unfortunately for me, rents have declined in the past year or so 1,500+ sqft, 3 BR, 2 ba, granite kitchen, 2-car gar = $1,250/mo
Rentals on Long Island are still strong, and prices are mostly steady.
Last edited by Elke Mariotti; 01-02-2011 at 07:48 PM..
Charlotte, NC
2BR-2BA, 1200 SF
New construction; not a great part of town (but not the WORST part of town either)
$969 + 39 W&D rental + 10 pet rent + 7 trash fee
1 bedroom cottage in a 4-plex, built in 1921-the kind of place that's REALLY desirable to folks that like older places but not so much for folks who want "amenities" like a pool or a gym- wood floors, built-ins, a yard, laundry onsite= $800 rent, plus $37.50 garage rent (I split it with a neighbor).
The apartment itself is fairly small. It's perfect for one but I can't imagine two people living there.
6 bedroom, 3 bath house, one dog allowed ($30 extra per month) = $1250
Keep in mind that most folks I know around here have families which accounts for the larger houses being listed. I do know that there are many basement apts, renovated houses, apt buildings (small - usually around 4 units) available that range from $300 ish to $600 ish depending on size. Most apts. have utilities included in price (I believe this is because when the buildings / houses are renovated into apts, they don't make seperate meters for each unit).
$1450 for a one-bedroom inlaw with top-notch amenities.. Sub-Zero refrigerator, Thermador professional oven/stove, central air and heat, the whole nine yards. Strangest apartment I've ever seen, but it's wonderful.
Prices where I live are all over the place and vary with the time of year since I live near a large University. I've seen master bedrooms in houses rent for $1000 a month and exaggerated walk in closets for $300.
I pay $850 for my teeny tiny 500 square foot one bedroom and consider myself extremely lucky. My best friend rents a studio above someones garage that barely has enough room for a queen size bed for $700.
Most people just pile into houses 2 or 3 to a room and landlords know this, so I feel rents are artificially higher than they should be.
A 3 bedroom, 2 bath will usually go for between 1200 and 2000 or more depending on how close to the beach it is.
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