NEW YORK – Rent prices are up and 30% since the outbreak of the pandemic. In the most expensive cities in the United States, the impact is particularly large.
While the national median rent for a one-bedroom is $1,487 a month, that figure rises to $4,280 in New York and $2,300 in Los Angeles, according to a recent report by Zumperreal estate data site.
CNBC Do it asked residents in their 20s and 30s living in New York and Los Angeles how much they pay in rent and whether they think it’s really worth it. Here’s what they said.
$3,000 for a 650-square-foot apartment in NYC: “Definitely not worth it”
New Yorkers are generally willing to pay more for a larger space or amenities such as a private roof or gym. But even if their apartment meets everything on their wish list, residents say they are paying too much in rent.
Mia pays $3,500 a month for a two-bedroom apartment in Manhattan that she shares with a roommate.
“I pay too much, but it’s a beautiful apartment,” she told CNBC Make It “It has two bedrooms and we have a gym in our building, but I definitely spend too much of my salary on rent. “It’s crazy how expensive it is here.”
Outside of Manhattan, rent isn’t much more affordable. Shane pays $3,000 to rent a 1-bedroom, 650-square-foot apartment in the Bronx.
“I have a salon, a roofer and a gym in my building… but there are a lot of car thieves,” he says. “I have a car, so I’m always looking [hacia la calle]anxious, trying to make sure my car is OK.”
He says the rent is “definitely not worth it.” But he appreciates the amenities, his five minute walk to the subway and how convenient it is to get to Manhattan.
“If I lived there [Manhattan], I would probably spend between $4,000 and $5,000 for what I have now,” said Shane. “So, this is the best I could get in New York City. “
Bonus for walking and living alone in Los Angeles: “I’m just happier”
Los Angeles attracts ambitious people hoping to make it big, and Angelenos are willing to pay a premium to get in on the action.
Christopher pays $1,700 for her apartment in a walkable neighborhood. It’s a good price for Los Angeles, he says, but “compared to Nashville, where I moved, I was definitely getting more bang for my buck. ” [allí]”.
However, paying to live in Los Angeles means advancing his music career as a songwriter and producer: “There are always trade-offs.”
For others, the expensive rent is worth it for the peace of mind of living alone.
Hannah, who is in her 20s, says her $2,850 monthly rent is 100% worth living on her own in a spacious one-bedroom apartment. Your unit comes with a washer/dryer, permitted street parking, and easy access to Runyon Canyon for frequent hiking.
“It’s obviously very expensive to live alone,” he says, but being able to do that “changes your mental stability and [estado] emotional “I’m just happier in my own safe environment.”
That doesn’t take much space at all. Maggie pays $2,087 for a studio apartment. “The bed is separate from the kitchen, and that’s all I need,” he says.
Many people are willing to pay even more. Bree, 24, lives with her boyfriend, who pays about $8,000 for a four-bedroom unit with a dishwasher, three patios and a manicured lawn.
“I think it was worth it,” he says. “Technically, it shouldn’t be that big,” but “it’s Los Angeles. “It’s expensive here.”
it is article first published in English by Morgan Smith y Jennifer Liu for our chain sister CNBC.com. For more information from CNBC enter here.
2024-05-10 20:05:23
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