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Learning, Sharing, and Teaching => Ask a Mustachian => Topic started by: gene parmesan on December 01, 2013, 08:19:17 AM

Title: Apartments and what is too much?
Post by: gene parmesan on December 01, 2013, 08:19:17 AM

Is $970 a month too much to pay for the next six months considering my salary? What does everyone recommend I do?
Title: Re: Apartments and what is too much?
Post by: iamlindoro on December 01, 2013, 08:47:33 AM
Based on the description, I'm going to guess you mean Manchester.  Looking at CraigsList, it looks like you can find some subleases of a single room in someone else's apartment for 550-600.  This is what I would do-- you can grin and bear just about any kind of roommate for 6 months.
Title: Re: Apartments and what is too much?
Post by: projekt on December 01, 2013, 12:10:23 PM
Yeah, a good goal is to get rent down to 25% of your income or less. It frees up a lot of room for everything else, especially paying off loans.
Title: Re: Apartments and what is too much?
Post by: KingCoin on December 01, 2013, 12:22:16 PM
Subletting a room makes a ton of sense for a short term situation. It also frees you from buying a ton of furniture, electronics, kitchen ware, etc. that you'll just have to sell or haul across the country in 6mo.
Title: Re: Apartments and what is too much?
Post by: dragoncar on December 01, 2013, 12:28:57 PM
Yeah for 6 mo get the cheapest thing that doesn't suck balls.  You don't want to deal with lots of furniture, etc