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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: arun gera who wrote (67440)11/28/2006 7:05:24 PM
From: TradeliteRead Replies (3) of 306849
 
What do you call "low" rent? Average rent for a one or two BR hi-rise or garden-type apartment in the DC area is somewhere around $1,500 and can go MUCH higher than that if you want certain amenities and a decent neighborhood. (Check rental ads, which I think are available at washingtonpost.com and elsewhere).

For a single-family home, rent varies way up into the thousands, depending on size and location. A house the size of mine in the same school district would probably pull in $3,500 a month for a landlord these days.

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