I'm fairly new to the rental marketplace, but I know unless you go somewhere with rent control (i.e. it will still go up in price every year, but a set percentage like 5%), I'm guaranteed to have my rent go up anywhere from 8-12%. I'm lucky it was only 10% this time.
However, when I look online at other places, I see places charging either same as what I currently pay or in the same ball park. When is it ever a good idea to look at moving about versus staying put?
Current situation: 1 bedroom, 1 bathroom around 750 sq ft. Rent is $2,110 monthly shared half with my boyfriend. Utilities are usually $80 for water and garbage and $100 for pge. I pay for a parking spot for $75 and he pays for a garage at $115. (any where you go, parking won't be free)
Lease renewal is adding $245 a month at their cheapest option of renewing for a 10 month lease (11 months adds another $35 on top).
Moving in itself is a pain in the ass (changing address, boxing everything, hiring movers to move furniture, shopping for a place in a good area, etc.)
Edit - it went up more than 10%
Edit 2 - I just looked up our apartment complex online and pricing for our unit is going for $2,195. WTF?
Submitted September 06, 2018 at 02:41PM by Zombie_Whisperer https://ift.tt/2Q9gu8n
