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I am looking to rent an apartment in downtown LA. I had no idea that rent have risen so high… I’m looking at $2.3k-$2.7k to live in a 1B1B by myself. If I live in a $2.7k unit(which is the one I am eyeing right now) I would be spending 52% of my income on rent. After my calculations, I would only be saving 17% of my income. Is this a bad idea?

Edit: Changed DTLA to downtown LA.



Submitted December 20, 2021 at 02:52AM by No_Two_8778 https://ift.tt/3Ff25ka

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