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How much do you pay to rent your- apt./condo/townhome?

Forum Opinion Poll
less than 1,000 6 8.57%
1,000- 1,500 35 50.00%
1,501- 1,800 12 17.14%
1,801- 2,000 8 11.43%
2000-2500 8 11.43%
more than 2500 1 1.43%
 

Rent

Posted By Message
Pages: [1] 2

05mommy09
Family of 5!

Member since 5/05

15364 total posts

Name:
<3 Mommy <3

Rent

Right now our gorgeous/spacious luxury 2 bdrm/2 bath apt. rent is going up to 1650- (from 1398 Chat Icon)

We recently just looked at 3 bdrm townhomes(with garages)- they were gorgeous, and even bigger than where we are now...

Depending on the model/upgrades and whether is was a lower or upper unit the prices ranged from 1820-1975-

You are getting alot more- but the prices still seem so high to me! Just curious to see what everyones going rate is...

Posted 1/30/07 3:57 PM
 

PotofLuck06
Our Baby Boy Is Here!!!

Member since 11/06

13241 total posts

Name:
Betsy

Re: Rent

We have a upper one bedroom apt that we have until March. We pay, including heat and water is $1200/month. It's nice. The two bedroom units in our complex are around $1500 or so.

ETA: this is in PJS

Message edited 1/30/2007 4:00:56 PM.

Posted 1/30/07 4:00 PM
 

MsMBV
:P

Member since 5/05

28602 total posts

Name:
Me

Re: Rent

We paid $1500 + $75 for our apt before we bought. It was for a 3 BR + attic.

Posted 1/30/07 4:04 PM
 

kerrycec03
Mom of 2 beautiful boys!!

Member since 6/06

13519 total posts

Name:
Kerry

Re: Rent

question and my advice, for that kind of money, would you consider buying? It just seems that the amount you are spending in rent is relative to the amount spent on a mortage. We are buying a 2 bedroom condo and our monthly mortage payments are going to be $1536 and that's in Holbrook putting 10% down with a seller's consession.

Posted 1/30/07 4:04 PM
 

lorich
.

Member since 6/05

9987 total posts

Name:
Grammie says "Lora Gina"

Re: Rent

We have a two bedroom legal apt in a 2 family home - HUGE incls attic, deck, etc. LR/DR EIK HUGE walk-in closet - $1,650 all utilities included.
We're located in FS, Nassau Cty

Posted 1/30/07 4:09 PM
 

05mommy09
Family of 5!

Member since 5/05

15364 total posts

Name:
<3 Mommy <3

Re: Rent

Posted by kerrycec03

question and my advice, for that kind of money, would you consider buying? It just seems that the amount you are spending in rent is relative to the amount spent on a mortage. We are buying a 2 bedroom condo and our monthly mortage payments are going to be $1536 and that's in Holbrook putting 10% down with a seller's consession.



We are still considering buying... BUT w/ buying we are either looking at being able to afford the mort. but not the taxes, or we can afford both- but if god forbid something goes wrong... we will have no extra $$ to fix it... KWIM?

We have seen a few condos that would make our mortg. about that price, and either the area wasnt nice, or it wasnt enough bedrooms... and so on...

Where exactly in Holbrook are you moving too? Im local to that area....

I guess DH just likes the idea- of if somethings broke- we dont have to fix it, and his other concern is being able to resell... (hmmm- I guess I start a new thread for my next question...)

Posted 1/30/07 4:12 PM
 

~Colleen~
my loves...

Member since 5/05

9129 total posts

Name:
guess

Re: Rent

When I rented we were paying $950 (included utilities) for a 1000 sq ft, first floor apartment with fireplace, attic storage and use of the yard and the washer/dryer in the basement.

Posted 1/30/07 4:14 PM
 

MegZee
My bunny

Member since 5/06

8777 total posts

Name:
Meaghan

Re: Rent

There are condo complexes in holbrook that are two bed (some are even three) and they are about $300K to purchase

Posted 1/30/07 4:15 PM
 

05mommy09
Family of 5!

Member since 5/05

15364 total posts

Name:
<3 Mommy <3

Re: Rent

Posted by Meaghan729

There are condo complexes in holbrook that are two bed (some are even three) and they are about $300K to purchase


Where in holbrook?

Posted 1/30/07 4:16 PM
 

kerrycec03
Mom of 2 beautiful boys!!

Member since 6/06

13519 total posts

Name:
Kerry

Re: Rent

Posted by Meaghan729

There are condo complexes in holbrook that are two bed (some are even three) and they are about $300K to purchase



yeppers. We are moving to Woodgate Village in Holbrook and we found a 2 bedroom ranch for 272K. The 3 bedrooms start at 300K and go up, but as far as resale goes, no problem there. They do sell fast! I know we've been intrested in Woodgate for a while and units we loved were sold before we even got a chance to resee them.

You will never see all that money you put into renting again.

As for repairs, if you are in a complex most exterior stuff is done for you (ie roof, parking lots, etc).

Posted 1/30/07 4:18 PM
 

bikramaddict
mommy-to-be

Member since 8/06

4376 total posts

Name:

Re: Rent

Posted by lorich

We have a two bedroom legal apt in a 2 family home - HUGE incls attic, deck, etc. LR/DR EIK HUGE walk-in closet - $1,650 all utilities included.
We're located in FS, Nassau Cty



I was going to ask the same thing. I've seen some very attractively priced co-ops and maybe condos. (Then again, I've seen some very expensive ones too.)

My rent in long beach for a one-bedroom, oceanview apartment with parking space was $1275.

Posted 1/31/07 1:24 PM
 

SweetestOfPeas
J'taime Paris!

Member since 3/06

32345 total posts

Name:

Re: Rent

toooooooooo much Chat Icon Chat Icon Chat Icon

Posted 1/31/07 1:35 PM
 

hazeleyes33
LIF Adult

Member since 5/05

13060 total posts

Name:
Ginger

Re: Rent

I put how much we used to pay many moons ago-$650/month!!

Posted 1/31/07 3:22 PM
 

hazeleyes33
LIF Adult

Member since 5/05

13060 total posts

Name:
Ginger

Re: Rent

So ridiculous. My mortgage, taxes, home owners AND utilities are under $1,500 AND I own a home!!!!

Posted 1/31/07 3:23 PM
 

SweetTooth
I'm a tired mommy!

Member since 12/05

20105 total posts

Name:
Lauren

Re: Rent

Our lease just ended. We were paying $1500/mo for two bed/1 bath apt (approx 600 sq. ft.) in Astoria. We're looking for a house now.

Posted 1/31/07 3:35 PM
 

Beth
The Key to your new home....

Member since 2/06

24849 total posts

Name:
Beth

Re: Rent

Posted by hazeleyes33

So ridiculous. My mortgage, taxes, home owners AND utilities are under $1,500 AND I own a home!!!!



didn't you buy it from family before the market went nuts?

let's compare apples to apples for once

I rent a lux 1 bedroom apartment, waterview, doorman, pool, gym, and electric included for $1850- in bayside- so you are also paying for location

to buy the same apartment it would be $375K- same unit, same building, same everything

to buy a house I would want in an area that makes sense in terms of work, friends etc- would be $600K plus

so for me- it's cheaper to rent right now- yes I know I could buy a house in suffolk for less- but it's not worth it to me or my husband to spend our life in the car- he already works till 9pm most nights and I work in CT

we are renting for 1 last year to wait out the market- and I am very happy we did it- it was our choice and while I can't wait to buy a house- so many things in our life have changed since we almost bought at the peak of the market 2.5 years ago- that I am very happy we waited- b/c the location we would have picked would not have worked right now

Posted 1/31/07 3:42 PM
 

lilacwine
only love...

Member since 5/05

2034 total posts

Name:
<3

Re: Rent

Posted by Beth1210

Posted by hazeleyes33

So ridiculous. My mortgage, taxes, home owners AND utilities are under $1,500 AND I own a home!!!!



didn't you buy it from family before the market went nuts?

let's compare apples to apples for once

I rent a lux 1 bedroom apartment, waterview, doorman, pool, gym, and electric included for $1850- in bayside- so you are also paying for location

to buy the same apartment it would be $375K- same unit, same building, same everything

to buy a house I would want in an area that makes sense in terms of work, friends etc- would be $600K plus

so for me- it's cheaper to rent right now- yes I know I could buy a house in suffolk for less- but it's not worth it to me or my husband to spend our life in the car- he already works till 9pm most nights and I work in CT




Thank You!!! Chat Icon

I read one of the posts above and thought how nice it would be to live in an affordable place somewhere like Holbrook, but then remembered that the trade off is that DH and I would never be home! I don't like the LIRR enough to spend two hours a day on it. Chat Icon

Message edited 1/31/2007 4:08:29 PM.

Posted 1/31/07 4:08 PM
 

SweetTooth
I'm a tired mommy!

Member since 12/05

20105 total posts

Name:
Lauren

Re: Rent

Posted by lilacwine

Posted by Beth1210

Posted by hazeleyes33

So ridiculous. My mortgage, taxes, home owners AND utilities are under $1,500 AND I own a home!!!!



didn't you buy it from family before the market went nuts?

let's compare apples to apples for once

I rent a lux 1 bedroom apartment, waterview, doorman, pool, gym, and electric included for $1850- in bayside- so you are also paying for location

to buy the same apartment it would be $375K- same unit, same building, same everything

to buy a house I would want in an area that makes sense in terms of work, friends etc- would be $600K plus

so for me- it's cheaper to rent right now- yes I know I could buy a house in suffolk for less- but it's not worth it to me or my husband to spend our life in the car- he already works till 9pm most nights and I work in CT




Thank You!!! Chat Icon

I read one of the posts above and thought how nice it would be to live in an affordable place somewhere like Holbrook, but then remembered that the trade off is that DH and I would never be home! I don't like the LIRR enough to spend two hours a day on it. Chat Icon




sometimes you have to make sacrifices... its true by going more east you will have a longer commute, but you will be able to afford more. Its all in what is more important to you. For some its a shorter commute, for others its more house/land, etc.

honestly, I was living in queens (astoria) for the past 8 months, and I didn't find the commute so wonderful. I worked about 5 miles from my apartment and my commute was over 45 minutes. On a bad day it would be over an hour. To go to Holbrook (ronkonkoma train express 1 hr) - I would be travelling 60 miles and my commute would be half an hour more than it was from queens. I don't think thats such a bad trade off.

Posted 1/31/07 4:12 PM
 

MrsFlatbread
Skinny jeans are in my future

Member since 6/06

10258 total posts

Name:
Baby Momma

Re: Rent

we pay $1866 plus all utilities for a two bedroom. (includes a $25 per month pet rent)

Just like Beth...we rented for a while because we knew we wanted certain areas and even though our rent was high, we were still able to save a lot. Now we are able to buy the house we want in the area we want. If we would have purchased a few years ago, we would have definately compromised on location or home.

I hate when people say that we are wasting our money on rent. How can it be a waste if we need someplace to live? It's all relative I suppose. But for us, to be able to by the house we want now, is a lot better than some friends of ours who are "house poor" now because they did not want to "waste money" on rent for two years. Sorry to digress from the topic...

Message edited 1/31/2007 4:27:45 PM.

Posted 1/31/07 4:22 PM
 

Sassyz75
Turning a new page

Member since 5/05

9731 total posts

Name:
Dina

Re: Rent

right now we pay $1300 for a 2 bedroom in NJ on the 2nd floor of a two family home.
it isn't luxury by any stretch of the imagination
we are probably going to buy sometime next year- it's just taking us a while to figure out WHERE!

Posted 1/31/07 4:35 PM
 

hazeleyes33
LIF Adult

Member since 5/05

13060 total posts

Name:
Ginger

Re: Rent

Posted by Beth1210

Posted by hazeleyes33

So ridiculous. My mortgage, taxes, home owners AND utilities are under $1,500 AND I own a home!!!!



didn't you buy it from family before the market went nuts?

let's compare apples to apples for once

I rent a lux 1 bedroom apartment, waterview, doorman, pool, gym, and electric included for $1850- in bayside- so you are also paying for location

to buy the same apartment it would be $375K- same unit, same building, same everything

to buy a house I would want in an area that makes sense in terms of work, friends etc- would be $600K plus

so for me- it's cheaper to rent right now- yes I know I could buy a house in suffolk for less- but it's not worth it to me or my husband to spend our life in the car- he already works till 9pm most nights and I work in CT

we are renting for 1 last year to wait out the market- and I am very happy we did it- it was our choice and while I can't wait to buy a house- so many things in our life have changed since we almost bought at the peak of the market 2.5 years ago- that I am very happy we waited- b/c the location we would have picked would not have worked right now



I understand that but we we bought we were making half of what we do now. Just like when my parents bought our house, they were making pratically nothing compared today. As the price of houses go up, so does the salaries. If we had the salaries we had now then, we would have been able to buy a much larger house.

Posted 1/31/07 7:59 PM
 

hazeleyes33
LIF Adult

Member since 5/05

13060 total posts

Name:
Ginger

Re: Rent

Posted by lilacwine

Posted by Beth1210

Posted by hazeleyes33

So ridiculous. My mortgage, taxes, home owners AND utilities are under $1,500 AND I own a home!!!!



didn't you buy it from family before the market went nuts?

let's compare apples to apples for once

I rent a lux 1 bedroom apartment, waterview, doorman, pool, gym, and electric included for $1850- in bayside- so you are also paying for location

to buy the same apartment it would be $375K- same unit, same building, same everything

to buy a house I would want in an area that makes sense in terms of work, friends etc- would be $600K plus

so for me- it's cheaper to rent right now- yes I know I could buy a house in suffolk for less- but it's not worth it to me or my husband to spend our life in the car- he already works till 9pm most nights and I work in CT




Thank You!!! Chat Icon

I read one of the posts above and thought how nice it would be to live in an affordable place somewhere like Holbrook, but then remembered that the trade off is that DH and I would never be home! I don't like the LIRR enough to spend two hours a day on it. Chat Icon



I don't think Holbrook is as affordable as some other areas around.

Posted 1/31/07 8:00 PM
 

Beth
The Key to your new home....

Member since 2/06

24849 total posts

Name:
Beth

Re: Rent



I understand that but we we bought we were making half of what we do now. Just like when my parents bought our house, they were making pratically nothing compared today. As the price of houses go up, so does the salaries. If we had the salaries we had now then, we would have been able to buy a much larger house.


the salaries on LI have not kept pace with the housing prices

renting doesn't always equal you can't afford a house-

Posted 1/31/07 8:24 PM
 

alisonggg
Cutie

Member since 3/06

4749 total posts

Name:
a

Re: Rent

When I rented my rent was 1000 a month for a one bedroom basement apartment in East Meadow

Posted 1/31/07 8:26 PM
 

hazeleyes33
LIF Adult

Member since 5/05

13060 total posts

Name:
Ginger

Re: Rent

Posted by Beth1210



I understand that but we we bought we were making half of what we do now. Just like when my parents bought our house, they were making pratically nothing compared today. As the price of houses go up, so does the salaries. If we had the salaries we had now then, we would have been able to buy a much larger house.



the salaries on LI have not kept pace with the housing prices

renting doesn't always equal you can't afford a house-



No, I understand that by seeing how much people are making on this board alone, that is why they are able to buy the $400,000 and up houses. We were only able to get 1x our salary for our house when we bought and that was just the amount we had after our down payment. We made NOTHING when we first got married and I am not joking-lol!! People today getting married (which I know people get married later now) make alot more than we did.

Posted 1/31/07 8:51 PM
 
Pages: [1] 2
 

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