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.
This article originally published at http://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
Our guide for amateur landlords who don't really know what they're doing.... read »
The eight-bedroom, 35,000 square-foot home known as The Cliffs hit the market Wednesd... read »
Brookfield Properties is moving forward with development plans for additional sites i... read »
The most detailed rendering yet has been unveiled for the 310-unit redevelopment of t... read »
Developments both big and small are continuing to churn throughout the Anacostia area... read »
UrbanTurf has compiled virtual looks at large new developments around the DC region.... read »
When you buy a home in the District, you will have to pay property taxes along with y... read »
A month after finding a new Virginia home, Washington Capitals forward T.J. Oshie ha... read »
While development has remained slow and steady in the Buzzard Point area, the pipelin... read »
Though the cash offered by a reverse mortgage may seem attractive, many borrowers lik... 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 »
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