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  #1 (permalink)  
Old June 2nd, 2006, 09:22 AM
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Hi,
When I was in Ticonderoga NY, I looked at the local paper and rent prices. One bedrooms were about $300 and some less. I couldn't get that price 15 years ago around here in the Hudson Valley. Now, the average price for a one bedroom is close to $1,000. That is more than my mortgage. I don't know how people get by with rent and gas.

Just curious, what are rent prices in your part of the country?

Karen
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Old June 2nd, 2006, 09:27 AM
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World?

I pay $165 NZ dollars (rent only) per week for a one bedroom place.
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Old June 2nd, 2006, 09:29 AM
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Hi Lombard, That was per month. I forgot to mention that.

Karen
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Old June 2nd, 2006, 09:41 AM
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Hmmmm?? I gathered that you qouted per month as that is very common knowledge that it is done this way in the US, but over here in NZ rent is done per week.

$165 x 52 = $8580 per year.

$8580 / 12 = $715 per month.

$715 / 64 (approx exchange rate) = $11-17

$11-17 x 100 = 1,117 US dollars per month and that is very cheap over here?

I hope I have not miscalculated.
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Old June 2nd, 2006, 10:11 AM
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Here in Southern NH a 1 bdrm apt rents for $750-$1000 per month.
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Old June 2nd, 2006, 11:51 AM
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Apartments in the west, suburban side of the Minneapolis metro area go for anywhere from $550 for a standard one bedroom in an older complex to $2500+ for a more upscale two or three bedroom.

Liam: I think your calculation was backward. I used a currency converter and got a conversion of $715 NZ = $451.84 US. 1 USD = 1.58 NZD.

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Old June 2nd, 2006, 06:26 PM
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OOOPS Thanks mike that sounds a lot better.
It was late at night and I couldn't afford to have the lights on.
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Old June 2nd, 2006, 07:25 PM
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For my small 750 SF apt and my detached garage, I pay $925. Two bedrooms run anywhere from $1100 to 1300. I am moving in Aug to a two bedroom townhome with attached garage for about $1250. Rent in Orlando is not cheap by any means. With so many complexes going condo, apartments are at a premium and they can pretty much charge whatever they want.

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Old June 2nd, 2006, 09:28 PM
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Hi Liam,
I figured you knew per month but thought I would mention just in case.
If that is the exchange rate, does that mean a NZ vacation for an American is reasonable or is everything just priced higher?


I am surprised that Orlando is so high.

Karen
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Old June 2nd, 2006, 11:09 PM
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Here in Ma. apartments run anywhere between $800 and $1200. Condos and single homes $1,200 up and heat is not usually included; that can run you an additional $300 to $400 monthly during the winter. Just over the border in southern N.H. not any better because real estate taxes strangle the homeowner. (I guess this is true everywhere.)

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Old June 3rd, 2006, 10:16 AM
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Karen,
It is just crazy here. Last year, 144 complexes went condo and there are 80 slated to go condo this year. In my area (Metrowest proper) I am one of two complexes that have not gone condo (of about 20). Mine is a privately owned complex (not owned by a developer) so not likely to go condo, but the apartments are small and I can get a better price per sf deal by moving. The one thing I am taking into consideration is to move to a townhome that I will buy if they go condo. I finally found one in Lake Nona area, so I will be giving my notice at the end of this month and moving at the end of August. I hate moving, but I hate my current apartment more.

Jodi
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