Rental Decisions
Oct. 21st, 2017 10:36 pm![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
sinanjuSo, my lease is up at the end of January. I've been wondering how much my rent would go up if I stayed. Now I know.
I got home from work yesterday to find an envelope attached to my front door. I suspected that that was what it was, and I was right. If I went month-to-month, it would jump up by around $200 a month. If I take a lease, it varies depending on the length of the lease, and the longer the lease the lower the increase.
If I take a 15-month lease (which is what I'm on now) my rent will go up by a whopping...$56 a month.
More than I'd hoped (I'd daydreamed about it not going up at all, given that I've read that rental rates were finally softening around here), but a lot less than I feared. And, frankly, given that I live in Portland, that's a damn low increase. Yes, average rents have gone down very slightly--but I'm still paying considerably less than most. Barring a miracle of some kind (like winning the lottery), I expect the Fortress of Solitude will remain in its current location until April of 2019.
Maybe I'll even get around to unpacking all my books. They're still in boxes from moving in. I just...never got around to it, and lately I've been thinking 'why bother if I get a huge rent increase and decide to move? I'd just have to box them up again.' Now I know I'm going to stay, so...we'll see.
I got home from work yesterday to find an envelope attached to my front door. I suspected that that was what it was, and I was right. If I went month-to-month, it would jump up by around $200 a month. If I take a lease, it varies depending on the length of the lease, and the longer the lease the lower the increase.
If I take a 15-month lease (which is what I'm on now) my rent will go up by a whopping...$56 a month.
More than I'd hoped (I'd daydreamed about it not going up at all, given that I've read that rental rates were finally softening around here), but a lot less than I feared. And, frankly, given that I live in Portland, that's a damn low increase. Yes, average rents have gone down very slightly--but I'm still paying considerably less than most. Barring a miracle of some kind (like winning the lottery), I expect the Fortress of Solitude will remain in its current location until April of 2019.
Maybe I'll even get around to unpacking all my books. They're still in boxes from moving in. I just...never got around to it, and lately I've been thinking 'why bother if I get a huge rent increase and decide to move? I'd just have to box them up again.' Now I know I'm going to stay, so...we'll see.