Where in or around DC would a person making less than 60k a year rent? It's rather pricey and I don't understand how I am supposed to live within the city limits on this salary.
the usual guideline is that gross annual household income should be at least 40 times monthly rent. working back from an income of $60k, that would translate to $1500/month in rent. in DC that generally means a studio apartment. In close-in Virginia, you can find a small one-bedroom for that amount. it will be in an older building without the bells and whistles.
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Where in or around DC would a person making less than 60k a year rent? It's rather pricey and I don't understand how I am supposed to live within the city limits on this salary.
the usual guideline is that gross annual household income should be at least 40 times monthly rent. working back from an income of $60k, that would translate to $1500/month in rent. in DC that generally means a studio apartment. In close-in Virginia, you can find a small one-bedroom for that amount. it will be in an older building without the bells and whistles.