Comments on: Are You Getting a Good Deal on Rent? http://www.consumerismcommentary.com/2007/03/23/are-you-getting-a-good-deal-on-rent/ A premiere personal finance blog, established 2003. Within, Flexo discusses his own experiences with money, and he and other authors comment on a wide range of personal finance topics. Sun, 08 Nov 2009 07:50:42 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: Debt Blitzkrieg » Blog Archive » My mad thought experiment http://www.consumerismcommentary.com/2007/03/23/are-you-getting-a-good-deal-on-rent/#comment-90487 Debt Blitzkrieg » Blog Archive » My mad thought experiment Sun, 01 Apr 2007 22:09:16 +0000 http://www.consumerismcommentary.com/2007/03/23/are-you-getting-a-good-deal-on-rent/#comment-90487 [...] YOU MAY ALSO LIKE: Are You Getting a Good Deal on Rent? [...] [...] YOU MAY ALSO LIKE: Are You Getting a Good Deal on Rent? [...]

]]> By: Allison http://www.consumerismcommentary.com/2007/03/23/are-you-getting-a-good-deal-on-rent/#comment-90366 Allison Fri, 30 Mar 2007 19:24:00 +0000 http://www.consumerismcommentary.com/2007/03/23/are-you-getting-a-good-deal-on-rent/#comment-90366 Flexo, Thanks so much for posting a review on our site. Thanks to all for the excellent comments and feedback, we sincerely appreciate them. We do have more data in and around urban areas. We are constantly expanding our data points as well which come from active listings to show current market rates. Recently, we added the ability for owners to turn their map point into a detailed listing, so that renters can also compare amenities and features most important to them. You will be seeing those added over time. As always, it is free to search and free to list. We have more improvements and new tools scheduled for release this year. We would love to keep you posted! Sincerely, Allison Team iiProperty Flexo,
Thanks so much for posting a review on our site. Thanks to all for the excellent comments and feedback, we sincerely appreciate them.

We do have more data in and around urban areas. We are constantly expanding our data points as well which come from active listings to show current market rates. Recently, we added the ability for owners to turn their map point into a detailed listing, so that renters can also compare amenities and features most important to them. You will be seeing those added over time. As always, it is free to search and free to list.

We have more improvements and new tools scheduled for release this year. We would love to keep you posted!

Sincerely,

Allison
Team iiProperty

]]> By: Adventures In Money Making http://www.consumerismcommentary.com/2007/03/23/are-you-getting-a-good-deal-on-rent/#comment-90365 Adventures In Money Making Fri, 30 Mar 2007 19:04:40 +0000 http://www.consumerismcommentary.com/2007/03/23/are-you-getting-a-good-deal-on-rent/#comment-90365 nice find!!! i'm paying very close to the average rent. nice find!!!

i’m paying very close to the average rent.

]]> By: The Rentometer: How Does YOUR Rent Compare? ∞ Get Rich Slowly http://www.consumerismcommentary.com/2007/03/23/are-you-getting-a-good-deal-on-rent/#comment-90096 The Rentometer: How Does YOUR Rent Compare? ∞ Get Rich Slowly Tue, 27 Mar 2007 21:00:43 +0000 http://www.consumerismcommentary.com/2007/03/23/are-you-getting-a-good-deal-on-rent/#comment-90096 [...] you rent a home or apartment? Have you ever wondered if you’re getting a fair shake? Flexo at Consumerism Commentary discovered a handy tool called the Rentometer. Enter your street address and your monthly rent, [...] [...] you rent a home or apartment? Have you ever wondered if you’re getting a fair shake? Flexo at Consumerism Commentary discovered a handy tool called the Rentometer. Enter your street address and your monthly rent, [...]

]]> By: » Weekly Linkfest on Blueprint for Financial Prosperity http://www.consumerismcommentary.com/2007/03/23/are-you-getting-a-good-deal-on-rent/#comment-89789 » Weekly Linkfest on Blueprint for Financial Prosperity Sat, 24 Mar 2007 18:30:59 +0000 http://www.consumerismcommentary.com/2007/03/23/are-you-getting-a-good-deal-on-rent/#comment-89789 [...] but still related to housing, Flexo discovered a tool that will help you figure out if you’re overpaying for rent. If I was renting, this tool would be crucial in the decision making process, overpaying on [...] [...] but still related to housing, Flexo discovered a tool that will help you figure out if you’re overpaying for rent. If I was renting, this tool would be crucial in the decision making process, overpaying on [...]

]]> By: Shadox http://www.consumerismcommentary.com/2007/03/23/are-you-getting-a-good-deal-on-rent/#comment-89768 Shadox Sat, 24 Mar 2007 08:12:36 +0000 http://www.consumerismcommentary.com/2007/03/23/are-you-getting-a-good-deal-on-rent/#comment-89768 What an excellent site. Definitely goes in the bookmark folder. Looks like we are golden. Our rent is at the very bottom of the scale for our neighborhood. Wow. What an excellent site. Definitely goes in the bookmark folder.

Looks like we are golden. Our rent is at the very bottom of the scale for our neighborhood. Wow.

]]> By: tolak http://www.consumerismcommentary.com/2007/03/23/are-you-getting-a-good-deal-on-rent/#comment-89760 tolak Sat, 24 Mar 2007 03:37:43 +0000 http://www.consumerismcommentary.com/2007/03/23/are-you-getting-a-good-deal-on-rent/#comment-89760 No surprisingly, my rent is 2/3 of the median 1br for my neighborhood, very close to the bottom (bay area). It's really a Jr. 1 bedroom. IMO, a single person just doesn't need more than this or a studio, but friends of mine have happily paid the median or rented a studio instead. It was important to me to live in a civilized and still somewhat trendy neighborhood with an easy commute, get some sunlight, quiet street and an enclosed garage space. I did not look for luxury, just a clean, newish place with everything working. At the same time I did not want to spend on rent while saving for a down payment on a house. I feel that I really nailed a good compromise. Paying the median would have meant another year renting and saving for a down payment. Look long and hard and think about what's really important to you in a place and the impact on your finances. No surprisingly, my rent is 2/3 of the median 1br for my neighborhood, very close to the bottom (bay area). It’s really a Jr. 1 bedroom. IMO, a single person just doesn’t need more than this or a studio, but friends of mine have happily paid the median or rented a studio instead.

It was important to me to live in a civilized and still somewhat trendy neighborhood with an easy commute, get some sunlight, quiet street and an enclosed garage space. I did not look for luxury, just a clean, newish place with everything working. At the same time I did not want to spend on rent while saving for a down payment on a house. I feel that I really nailed a good compromise.

Paying the median would have meant another year renting and saving for a down payment.

Look long and hard and think about what’s really important to you in a place and the impact on your finances.

]]> By: Matt http://www.consumerismcommentary.com/2007/03/23/are-you-getting-a-good-deal-on-rent/#comment-89752 Matt Fri, 23 Mar 2007 23:06:37 +0000 http://www.consumerismcommentary.com/2007/03/23/are-you-getting-a-good-deal-on-rent/#comment-89752 Nice find. My rent was well below average, which kind of surprised me. Nice find. My rent was well below average, which kind of surprised me.

]]> By: Callie http://www.consumerismcommentary.com/2007/03/23/are-you-getting-a-good-deal-on-rent/#comment-89746 Callie Fri, 23 Mar 2007 20:46:45 +0000 http://www.consumerismcommentary.com/2007/03/23/are-you-getting-a-good-deal-on-rent/#comment-89746 I am definitely getting ripped off on rent! I want to buy a house, but getting a mortgage is proving difficult. I am definitely getting ripped off on rent! I want to buy a house, but getting a mortgage is proving difficult.

]]> By: Barb http://www.consumerismcommentary.com/2007/03/23/are-you-getting-a-good-deal-on-rent/#comment-89740 Barb Fri, 23 Mar 2007 17:48:02 +0000 http://www.consumerismcommentary.com/2007/03/23/are-you-getting-a-good-deal-on-rent/#comment-89740 Very interesting. Looks like I'm just below the median for my neighborhood. Of course, my rent's going up slightly in May, when my lease is up. Very interesting. Looks like I’m just below the median for my neighborhood. Of course, my rent’s going up slightly in May, when my lease is up.

]]> By: Thor http://www.consumerismcommentary.com/2007/03/23/are-you-getting-a-good-deal-on-rent/#comment-89736 Thor Fri, 23 Mar 2007 15:56:51 +0000 http://www.consumerismcommentary.com/2007/03/23/are-you-getting-a-good-deal-on-rent/#comment-89736 In larger cities, such as San Francisco, rentometer is a superb tool for checking on rental rates. I used it about six months ago when I moved into my current building. The other big downside besides lack of comparables is that apartments can differ alot by sq footage and upgrades which can impact rent significantly. But as you allude to you never know how this data is collected and in my opinion a website is not nearly as good as getting a feel for the market by looking at a number of apartments nearby. -Thor In larger cities, such as San Francisco, rentometer is a superb tool for checking on rental rates. I used it about six months ago when I moved into my current building. The other big downside besides lack of comparables is that apartments can differ alot by sq footage and upgrades which can impact rent significantly.

But as you allude to you never know how this data is collected and in my opinion a website is not nearly as good as getting a feel for the market by looking at a number of apartments nearby.

-Thor

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