Creating a Budget For Your Rental Home

When embarking on the search for the perfect rental, it’s important to factor in your monthly budget, but yet challenging to predict the associated costs. You’d like to spend enough to live in a good location and enjoy the amenities, all the while trying to save to one day buy a home. Finding that balance between spending and saving can be tricky, so here are some tips to help you create a budget while you’re saving for the ultimate home purchase. If plausible, you should shoot for a rental home with a monthly lease that is less than 33% of your gross income. That rate generally does not include utility rates and you may want to budget for emergency costs as well. QA high

It is also important to weigh your wants vs your needs. Larger apartments are wonderful for entertaining, but smaller apartments are more cost-efficient and while you want want that extra half bath for your guests, it might knock off a nice price cut if you don’t make that a top priority when searching for your rental. Things that are worth considering are finding¬† rental with a reliable property management company in a safe neighborhood, within a reasonable distance to your workplace. These are necessities vs wants, and worth spending a little more on when considering your rental budget. If you’re interested in finding the right Seattle rental for your wants and needs, contact your local real estate agent today.

Washington Park Rental: $10,000

Wash Park rental home

This beautiful Washington Park Rental Home is now available for rent, featuring large rooms, kitchen, family room, and oak floors. This 4 bed 3 bath home has a large second master bedroom, and fabulous views of Mt Rainier, close to Madison Park shops and restaurants. The perfect dwelling to meet all of your needs. For more information on this listing, or other Seattle rentals, contact your local Real Estate agent today.

Status: For Rent
Bed/Bath: 4//3
Price: $10,000

Washington Park Rental Home: $7,000

washington park home

This beautiful Washington Park rental home has spectacular views of Lake Washington and Mt Rainer from nearly every room, and is now available rent. This home was completely remodeled in 2007, and is in impeccable condition. There are 4 bedrooms on the top floor, an expansive deck which is adjacent to an open kitchen and living room, and also has a wonderful backyard, and a media room! The downstairs has a separate guest suite, and the home also includes an office with a wall-wall bookcase, and a wine cellar. There is a two car garage attached for your convenience. If you are interested in this, or other Seattle rentals, please contact your local real estate agent today.

Status: For Rent
Bed/Bath: 5&4
Price: $7,000/Month

 

Shoreline Rental Available: $1,799

nicole rambler

This lovely 2 bed, 1 bath rental home in Shoreline is now available! Located in a quiet neighborhood in a cul-de-sac, this rental is in a great location near shops, close proximity to a bus line, Shoreline Community College, Ronald Bog Park, among other attractions. The home sits on a large landscaped lot, with a fenced backyard, with a new deck, and hot tub! Inside the home, there are two fireplaces, hardwood flooring throughout, new tiling, and a recently updated kitchen and bathroom. This is a first time rental, and you can definitely see! For more information on rentals around the Seattle area, visit your local Real Estate Agent.

Status: For Rent
Bed/Bath: 2&1
Price: $1799/mo