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Today I started taking tours for apartments near my dental school, and I gotta say I'm a little overwhelmed. I've only ever shared houses or apartments with roommates ending up at $350 a month, and looking at getting my own place is just making me nervous.
Specifically today I looked at some lofts for about $1,200 (the cheapest they had) and while it's my dream apartment, I had this nagging feeling like it was too nice and I was making a mistake. My student loans should definitely cover it, but I feel like I'm throwing money away.
But when we got down to the garage, the elevator doors opened and all I saw were Lamborghinis, Corvettes, Porsches, and assorted motorcycles. It REALLY freaked me out and the whole drive home I was thinking "Can I afford this? Am I stupid for even looking at these places?"
Is $1,200 a month stupid? Or is that the average for what everyone is paying to live close to school?
yea, same with me. $1300 for a decent studio. I will probably opt for a 2 x 2 room ($970.. still expensive though). I rather live a little expensive to get to know the area and feel comfortable the first year.
1400 for 500 sq ft studio. No laundry in unit. And that's the cheap side.
Moral of the story? Don't do bu or tufts unless you have to.
I have classmates paying as low as $400/mo sharing an apartment/house or as high as $1,500 for one bedrooms.
Do what's most comfortable for you.
I just keep thinking about how I could save $700 a month and multiplying that by 12 months and then by 4 years...
What are you paying for rent?