See Jane Get Rich
A Personal Finance Blog-
November 5th, 2009Budget, Housing, Law SchoolA lot of my friends have rent envy.
When my friends and I compare our rents I come in on the lowest of the low spectrum with $750. DC is one very expensive place to live if you want to live without a bunch of roommates/housemates. AfterCollege.com put the average rent for a one bedroom apartment at $1,469 and Rent.com put that figure at an unheard of $1,100. Most students and professionals who wants to live in a decent area that is close to the metro pays that much for a studio. My Cali Friend’s rent is $1,250 for a studio while my New Mexico friend’s rent is $1,350 for a studio. They both rent directly from condo owners which makes their rent lower than the typical apartment rates. My Richmond study buddy pays $1,450 for a studio and she lives in an apartment. They all live in a very nice area that is very close to the metro with a stone’s throw from a gym, grocery store, banks, restaurants and other convenience.
I pay $750 for a Junior 1 Bedroom. I live in (ahem) a less-than desirable area of Washington, DC. It’s the kind of place that I never would have lived in the first time I got to DC. But, let’s just say my standards have changed and I have toughened up.
Tags: apartment, average rent for a 1 bedroom in DC, Housing, law school rental
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