What's Hot: Washington Spirit Owner Michele Kang Lists DC Home for $14.5 Million | The Smallest Home on the Market in DC
Report: DC Area Renters Save 34% By Living With Significant Other
A Columbia Heights rowhouse offering two-bedroom rentals.
Valentine’s Day is just around the corner, so here’s a topic of conversation to deploy over flowers: How much rent could you save by moving in with your significant other?
Trulia ran the numbers for metropolitan areas across the country, and concluded that in some places, couples could save as much as 40 percent a month by dumping their one-bedroom apartment for a two-bedroom rental. Even moving up to a three-bedroom could still glean a couple as much as 20 percent in monthly savings.
The study, conducted by chief economist Jed Kolko, compared rentals in the same building to control for outside factors like amenities and location. The DC area ranked 18th among cost-saving move-ins around the country. Here are how the numbers shook out in the region:
- Ditching the one-bedrooms for a two-bedroom rental would result in 34 percent in monthly savings for a couple.
- If the couple decided to skip a two-bedroom for a three-bedroom apartment, they would still save 15 percent a month.
Here’s how the numbers looked in different metros across the country:
The Sacramento area led the way with 40 percent in savings, while New York and Dallas came out at the bottom of the list. Still in both of the latter regions, a couple would save 30 percent a month by moving in together.
See other articles related to: renting, renting in dc, trulia insights, trulia trends
This article originally published at https://dc.urbanturf.com/articles/blog/just_in_time_for_valentines_heres_how_much_you_can_save_by_moving_in/8108.
Most Popular... This Week • Last 30 Days • Ever
Sales for The Arbor at Takoma, a boutique property boasting just 36 condominiums, are... read »
Our guide for amateur landlords who don't really know what they're doing.... read »
Whole Foods announced yesterday that the 47,000 square foot store will open on June 2... read »
The Massachusetts Avenue Heights home was previously owned by the former chief execut... read »
A large new apartment and townhouse project has been pitched for the growing pipeline... read »
Virginia's homebuyer assistance programs can seem complex. This edition of First-Time... read »
The residential projects that have sprouted up on the Maryland and DC sides of the Fr... read »
With a groundbreaking ceremony on Wednesday, the redevelopment of the Georgetown Wes... read »
The 23,600 square-foot mansion just hit the market, and would set a record if it fetc... read »
The immaculately kept 100-year-old house features six bedrooms and four-and-a-half ba... read »
With this weekend's DC houseboat tour a day away, UrbanTurf thought it only fitting t... read »
President Obama travels to Denver this morning to sign the stimulus bill that has bee... read »
In this week's installment of Ask An Agent, a reader wonders if there is a rule for h... read »
As The Wharf prepares to begin construction, DC's houseboat community heads to its ne... read »
In this week's installment of Ask An Agent, a reader asks a fairly common question th... read »
- A Look Inside Takoma's First New Condominium in More Than a Decade
- The Essential Guide to Being an Amateur Landlord in DC
- Whole Foods at Walter Reed to Open at End of June
- Washington Spirit Owner Michele Kang Lists DC Home for $14.5 Million
- A Two-Phase, 370-Unit Development Pitched For Columbia Pike Gas Station Site
- First-Timer Primer: Virginia's Home Buyer Assistance Programs
- Mall Conversions, Trader Joes? The 1,500 Units in the Friendship Heights Pipeline
- The Four Seasons Private Residences in Georgetown Break Ground
- DC's Blaine Mansion Lists For $30 Million, A Potentially Record-Setting Price in the City
- Now Selling: A 16th Street Heights Victorian on an Island of Its Own
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Visit guides.urbanturf.com or start browsing below!
Intro guides for first-time home buyers
Awesome and unusual real estate from across the DC Metro