# How much is your Morgage/Rent?

**URL:** <https://boards.straightdope.com/t/how-much-is-your-morgage-rent/30324>\
**Category:** In My Humble Opinion\
**Created:** [August 22, 2000, 4:27pm UTC](https://boards.straightdope.com/t/how-much-is-your-morgage-rent/30324 "2000-08-22T16:27:30Z")\
**Posts on this page:** 20\
**Page:** 3

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**Author:** ![rackensack](https://avatars.discourse-cdn.com/v4/letter/r/e5b9ba/32.png) [@rackensack](https://boards.straightdope.com/u/rackensack)\
**Post date:** [August 22, 2000, 10:23pm UTC](https://boards.straightdope.com/t/how-much-is-your-morgage-rent/30324/41 "2000-08-22T22:23:17Z")

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$1050/month mortgage payment on 2050 sq. ft. two-story house on 1/3+ acre corner lot in a wonderful neighborhood just outside I-285 on the NE side of the Atlanta area. Avg. sale price of similar houses in the neighborhood is up 25% in the four years since we bought, so combined with the rise in interest rates since then, we probably couldn’t afford to buy there now.

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**Author:** ![Czarcasm](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/czarcasm/32/4050_2.png) [@Czarcasm](https://boards.straightdope.com/u/Czarcasm)\
**Post date:** [August 23, 2000, 1:07am UTC](https://boards.straightdope.com/t/how-much-is-your-morgage-rent/30324/42 "2000-08-23T01:07:18Z")

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I pay $620/month for a nice 3 bedroom.

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**Author:** ![Ringo](https://avatars.discourse-cdn.com/v4/letter/r/779978/32.png) [@Ringo](https://boards.straightdope.com/u/Ringo)\
**Post date:** [August 23, 2000, 2:46am UTC](https://boards.straightdope.com/t/how-much-is-your-morgage-rent/30324/43 "2000-08-23T02:46:43Z")

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I live in a 1 bedroom (upstairs half) duplex in the Montrose area of Houston, Texas. The rent went up from $325 to $335 two months ago. It was $315 when I moved in in 1986 (went up by $10 in ~1989 when they added cable - which I don’t use). It’s a “cute” place that I’ve heard described as a carriage house; I’ve got a second floor porch where I barbecue most evenings.

I think I’ll be in the market to buy a place (in this neighborhood) in about a year.

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**Author:** ![Kat](https://avatars.discourse-cdn.com/v4/letter/k/b19c9b/32.png) [@Kat](https://boards.straightdope.com/u/Kat)\
**Post date:** [August 23, 2000, 2:48am UTC](https://boards.straightdope.com/t/how-much-is-your-morgage-rent/30324/44 "2000-08-23T02:48:49Z")

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$595.19/month for 3 bedroom/2 bath condo in NW suburbs of Chicago.

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**Author:** ![dragonlady](https://avatars.discourse-cdn.com/v4/letter/d/5f8ce5/32.png) [@dragonlady](https://boards.straightdope.com/u/dragonlady)\
**Post date:** [August 23, 2000, 4:30am UTC](https://boards.straightdope.com/t/how-much-is-your-morgage-rent/30324/45 "2000-08-23T04:30:39Z")

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$460/month for a smallish 2 bedroom, with 2 car garage on two acres. Over a dozen fruit trees. Not a neighbor with 100 yards on any side.

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**Author:** ![jazzmine](https://avatars.discourse-cdn.com/v4/letter/j/5daacb/32.png) [@jazzmine](https://boards.straightdope.com/u/jazzmine)\
**Post date:** [August 23, 2000, 6:12am UTC](https://boards.straightdope.com/t/how-much-is-your-morgage-rent/30324/46 "2000-08-23T06:12:26Z")

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$1400.00 a month, 2500 sq. ft., 2 acres, and in a couple of years we’ll own it free and clear.

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**Author:** ![pkbites](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/pkbites/32/204_2.png) [@pkbites](https://boards.straightdope.com/u/pkbites)\
**Post date:** [August 23, 2000, 6:49am UTC](https://boards.straightdope.com/t/how-much-is-your-morgage-rent/30324/47 "2000-08-23T06:49:51Z")

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I own 2 houses. First one has been paid off since 1979 (I inherited it :D) The one we live in is $750 per month on a 15 year loan with 55% down at 6.25% fixed! (Thank you, Alan Greenspan and the Republican Congress!)

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**Author:** ![Typo\_Negative](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/typo_negative/32/484_2.png) [@Typo\_Negative](https://boards.straightdope.com/u/Typo_Negative)\
**Post date:** [August 23, 2000, 8:10am UTC](https://boards.straightdope.com/t/how-much-is-your-morgage-rent/30324/48 "2000-08-23T08:10:33Z")

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675.00/rent in North Hollywood in the San Fernando Valley.  
Here, that is dirt cheap.

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**Author:** ![Bad\_Hat](https://avatars.discourse-cdn.com/v4/letter/b/f0a364/32.png) [@Bad\_Hat](https://boards.straightdope.com/u/Bad_Hat)\
**Post date:** [August 23, 2000, 8:29am UTC](https://boards.straightdope.com/t/how-much-is-your-morgage-rent/30324/49 "2000-08-23T08:29:18Z")

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I’m at $650 in Wicker park, Chicago. One bedroom, full kitchen, big living room, more closet than I need and to top it all off, I have a private secure 300 sqft attic space that I’ve converted into a study, huge and insulated and touches no apartments but mine, so I can make lots of noise at all hours. Close to the El, and to the expressway. and not in the trendy punky heart of Wicker Park either, A bit east of there and quieter. but still close enough to enjoy the nightlife.

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**Author:** ![JimmyNipples](https://avatars.discourse-cdn.com/v4/letter/j/eb9ed0/32.png) [@JimmyNipples](https://boards.straightdope.com/u/JimmyNipples)\
**Post date:** [August 23, 2000, 12:59pm UTC](https://boards.straightdope.com/t/how-much-is-your-morgage-rent/30324/50 "2000-08-23T12:59:29Z")

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> [@](#):
>
> \*Originally posted by magdalene \*  
> \*\*So, what, JimmyNipples, you just wanted to brag?
> 
> \*\*

No…I wanted to find out the cost of living for other dopers. I know I have a low mortgage…and now you know too.

If I was going to brag, I’d start a thread about my genitals.😃

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**Author:** ![JimmyNipples](https://avatars.discourse-cdn.com/v4/letter/j/eb9ed0/32.png) [@JimmyNipples](https://boards.straightdope.com/u/JimmyNipples)\
**Post date:** [August 23, 2000, 1:02pm UTC](https://boards.straightdope.com/t/how-much-is-your-morgage-rent/30324/51 "2000-08-23T13:02:48Z")

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> [@](#):
>
> \*Originally posted by dragonlady \*  
> \*\*$460/month for a smallish 2 bedroom, with 2 car garage on two acres. Over a dozen fruit trees. Not a neighbor with 100 yards on any side. \*\*

Geez…add a couple of bedrooms and you’ve got the place I would like to live in.

Neighbours suck.

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**Author:** ![RussellM](https://avatars.discourse-cdn.com/v4/letter/r/ed8c4c/32.png) [@RussellM](https://boards.straightdope.com/u/RussellM)\
**Post date:** [August 23, 2000, 1:14pm UTC](https://boards.straightdope.com/t/how-much-is-your-morgage-rent/30324/52 "2000-08-23T13:14:41Z")

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\*\*JimmyNipples \*\*

> [@](#):
>
> No…I wanted to find out the cost of living for other dopers. I know I have a low mortgage…and now you know too.
> 
> If I was going to brag, I’d start a thread about my genitals.😃

Are you genitals less than everone else’s, or just lower?

Russell

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**Author:** ![JimmyNipples](https://avatars.discourse-cdn.com/v4/letter/j/eb9ed0/32.png) [@JimmyNipples](https://boards.straightdope.com/u/JimmyNipples)\
**Post date:** [August 23, 2000, 2:05pm UTC](https://boards.straightdope.com/t/how-much-is-your-morgage-rent/30324/53 "2000-08-23T14:05:59Z")

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> [@](#):
>
> \*Originally posted by RussellM \*  
> \*\*\*\*JimmyNipples \*\*
> 
> > [@](#):
> >
> > If I was going to brag, I’d start a thread about my genitals.😃
> 
> Are you genitals less than everone else’s, or just lower?
> 
> Russell  
> \*\*

Hmmmm…I really should try and figure out **ALL** possible responses to my posts.

I don’t want to talk about my genitals anymore.

Bah…who am I kidding?

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**Author:** ![Modian](https://avatars.discourse-cdn.com/v4/letter/m/8e8cbc/32.png) [@Modian](https://boards.straightdope.com/u/Modian)\
**Post date:** [August 23, 2000, 2:48pm UTC](https://boards.straightdope.com/t/how-much-is-your-morgage-rent/30324/54 "2000-08-23T14:48:51Z")

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980 for a 1BR apartment in northern VA. But also includes carport, lake view, vaulted ceilings, w/d, etc.

Saving up for a house now, which I hope to get next year. Only requirement is a 2 car garage. Then I can start being a “backyard” mechanic again. 😃

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**Author:** ![Fiver](https://avatars.discourse-cdn.com/v4/letter/f/e274bd/32.png) [@Fiver](https://boards.straightdope.com/u/Fiver)\
**Post date:** [August 23, 2000, 2:49pm UTC](https://boards.straightdope.com/t/how-much-is-your-morgage-rent/30324/55 "2000-08-23T14:49:45Z")

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I recently had my genitals renovated. It was kind of expensive, but it should improve their resale value.

The spackle still itches a little.

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**Author:** ![Zebra](https://avatars.discourse-cdn.com/v4/letter/z/c0e974/32.png) [@Zebra](https://boards.straightdope.com/u/Zebra)\
**Post date:** [August 23, 2000, 3:04pm UTC](https://boards.straightdope.com/t/how-much-is-your-morgage-rent/30324/56 "2000-08-23T15:04:37Z")

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I pay $835.65 a month for a basement apartment (very little sun and people on the sidewalk can pretty much see right in if I have the windows up)It has one and a half bedrooms (The half is a large walk-in closet/computer room) no washer/dryer, no dish washer, but it does have a waterfall. Ok when the guy above takes a shower some of it comes through a nasty hole in the celing of my kitchen.

I am only about 100 feet from the subway to my job so that is nice.

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**Author:** ![mojopitch](https://avatars.discourse-cdn.com/v4/letter/m/2bfe46/32.png) [@mojopitch](https://boards.straightdope.com/u/mojopitch)\
**Post date:** [August 23, 2000, 6:56pm UTC](https://boards.straightdope.com/t/how-much-is-your-morgage-rent/30324/57 "2000-08-23T18:56:50Z")

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I just moved to Boston and now I pay $1900.00 a month… I think I’m going to need a second job just eat.

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**Author:** ![Tymp](https://avatars.discourse-cdn.com/v4/letter/t/c5a1d2/32.png) [@Tymp](https://boards.straightdope.com/u/Tymp)\
**Post date:** [August 23, 2000, 7:18pm UTC](https://boards.straightdope.com/t/how-much-is-your-morgage-rent/30324/58 "2000-08-23T19:18:14Z")

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**Nen** and I share a lovely ~1,800 sq. ft., two-story apartment that costs us $875/month. It’s worth every penny.

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**Author:** ![wireless](https://avatars.discourse-cdn.com/v4/letter/w/f14d63/32.png) [@wireless](https://boards.straightdope.com/u/wireless)\
**Post date:** [August 23, 2000, 8:56pm UTC](https://boards.straightdope.com/t/how-much-is-your-morgage-rent/30324/59 "2000-08-23T20:56:03Z")

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Mortgage: about $2050/month (should have switched from an ARM to a fixed last year - damn procrastination!)  
Homeowner’s Dues: about $450/month (includes heat)  
Place: 2000 sq. ft. 2 BR Loft Condo with huge deck in cool 100 y.o. bldg. in Denver

Upside: currently rented for $3200/month which pays all expenses (abovementioned costs plus agent, insurance, etc.) and the place has appreciated \>100% since I bought it 7 years ago.

Downside: I don’t live there anymore. I live in New Jersey. But I do live _rent free_ in a relative’s townhouse (while I’m working to get my business off the ground). So, all-in-all, I consider myself lucky.

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**Author:** ![Athena](https://avatars.discourse-cdn.com/v4/letter/a/35a633/32.png) [@Athena](https://boards.straightdope.com/u/Athena)\
**Post date:** [August 23, 2000, 9:09pm UTC](https://boards.straightdope.com/t/how-much-is-your-morgage-rent/30324/60 "2000-08-23T21:09:35Z")

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> [@](#):
>
> \*Originally posted by Necros \*  
> \*\*See, **Athena**? They aren’t kiddin’ when they talk about the housing prices around here. I’m in Arvada, and have a 1700 sq ft house w/ 3br, 2ba. At least it’s in a nice neighborhood. 🙂 \*\*

Hmmmm… mine’s about 3400 square feet, but about 1100 of that is unfinished basement. 4br, 3ba. Me and the ex bought it new about 3 months before we decided to split up. I kept it, intending to sell it, but the damn thing just keep appreciating in value. Seems to go up at least 10-12% every year. Amazing.

BTW, wireless, I think we oughta have the next Denver Doper gathering in your condo. Sounds pretty nice. I’m sure your renters won’t care!

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