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The Money Mustache Community
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Apartments and what is too much?
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Topic: Apartments and what is too much? (Read 2885 times)
gene parmesan
5 O'Clock Shadow
Posts: 5
Apartments and what is too much?
«
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?
«
Last Edit: February 01, 2021, 04:23:36 PM by gene parmesan
»
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iamlindoro
Handlebar Stache
Posts: 1520
Re: Apartments and what is too much?
«
Reply #1 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.
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projekt
Bristles
Posts: 340
Re: Apartments and what is too much?
«
Reply #2 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.
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KingCoin
Pencil Stache
Posts: 783
Location: Manhattan
Achieved FI @ 30
Re: Apartments and what is too much?
«
Reply #3 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.
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dragoncar
Walrus Stache
Posts: 9930
Registered member
Re: Apartments and what is too much?
«
Reply #4 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
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Apartments and what is too much?