At first I was in disbelief but I just opened Zillow and you’re right, there are a couple of deals here and there. Do you have tips how to be the best applicant for a rental? I will be applying from the east coast but I really want to secure the best place.
That's exactly it - you have to be diligent and check regularly for those good deals! What I've found has helped me to be successful in being selected by the landlord is to have all the general paperwork ready to go - if you have roommates, make sure to have their stuff ready also and when you find a place to make up your mind and submit early and completely. One spot I had rented - I tried to look if there was a phone number or if the management company was listed somewhere and reached out directly to inquire and apply. This helps you get into line before others and usually if the Landlord hears from you directly and first they won't even check the rest of the applicants if your application looks good and you're all ready to go!
Oh my goodness, you speak of 3k like it's cheap. Lol, that is really expensive compared to New Orleans where I'm from. I never thought Seattle rentals are that high.
Affordability is relative, I’m from Vancouver BC and the rent is similar to Seattle except people earn about half the salary compared to Seattle, so I find it affordable
@@Olivievie oh man I have so many friends and family in Vancouver and it's INSANE the prices that you guys have to pay for housing! Hopefully the new tax laws on investors is helping bring it down a bit...
Yeah there are some great deals to be had not far out of Seattle! How Far East are you guys going? Love areas in the cascades range near North Bend and Snoqualmie!
So useful information. I’m planning to move to Seattle and rent a town house too. Do you have any tip of finding newish townhouses for rent in Seattle? I’ve been looking through Zillow and it seems like all of available options for townhouses now are either very expensive or very dated. Thank you!!
Thank you! Glad to hear you've selected Seattle as your next home! Summer is usually a very expensive season to look for rentals or to buy so prices and quality of homes available will reflect that unfortunately. I would suggest if you can push off your move until the Fall or early winter, the prices will drop much more and the quality of homes will increase while the price will decrease! There are always surprises that come on the market so keep looking and be diligent about checking regularly - the good ones get snatched up real quick...good luck!
comment regarding bath tubes: i might have used my tub no more than 10 times in the last 4 years i have lived in my house. tubs are not that usefull to me.
It’s not something I’m at liberty to disclose publicly as it involves info for other people, but let’s just we don’t have corporate executive incomes. Most working professionals in the city are paying $1,500/person on rent, so if you have roommates than you can afford more accordingly. Average income in Seattle for working professionals is around $50-60k/yr I believe. I’ll be doing more videos on cost of living and budgeting by income for seattle so if you subscribe you’ll see when I upload new content!
you need usually 3 times rent in income so you would need to be making 8 or 9k a month, 100k per year. that could even be household so not that much if 2 people working
I think affordability is relative - some of my neighbors in my building are chefs and live in more expensive units than mine (I’m in tech like you mentioned), others are self-employed professionals, etc. It’s not cheap compared to other cities, but for the average income here, $3k for a 1,500 sq ft townhouse with parking is a much better deal than $3,900 for a 2 bedroom 1,200 sq ft apartment with 1 parking space... Right now an average 1 bedroom 600 sq ft apartment in Lynnwood (a suburb 20 miles north of downtown) is already running $1,500/month. I’m not saying $3k for rent is a requirement to live in seattle (there are cheaper options), but the fact is that the townhomes I showcased ARE the best and cheapest prices for the square footage and quality of home you’re getting in Seattle at that price point.
As I mentioned in the video and other comments - we all have different price points of affordability as we value things differently. ;) You’re free to have your own affordability index based off where you live or what your perception of affordability is. The average income in seattle is much higher than other cities so the affordability benchmark is much higher than cities with lower average incomes. When I graduated college in 2009 I was making $30k/yr and my rent was already $950/month. We are now 12 years later and my income is much higher and the city’s average income is much higher and tbh, if you had 3 roommates renting a $3k/month townhouse your rent would be pretty much the same as I was paying back in 2009… So yea I’d say the price is pretty affordable ;)
I really appreciate your attention to all of the details. Very enjoyable and informative.
Thanks for the feedback Rick! It really helps me to learn how best to present the content in my videos - glad it was useful for you! :)
At first I was in disbelief but I just opened Zillow and you’re right, there are a couple of deals here and there. Do you have tips how to be the best applicant for a rental? I will be applying from the east coast but I really want to secure the best place.
That's exactly it - you have to be diligent and check regularly for those good deals!
What I've found has helped me to be successful in being selected by the landlord is to have all the general paperwork ready to go - if you have roommates, make sure to have their stuff ready also and when you find a place to make up your mind and submit early and completely.
One spot I had rented - I tried to look if there was a phone number or if the management company was listed somewhere and reached out directly to inquire and apply. This helps you get into line before others and usually if the Landlord hears from you directly and first they won't even check the rest of the applicants if your application looks good and you're all ready to go!
Oh my goodness, you speak of 3k like it's cheap. Lol, that is really expensive compared to New Orleans where I'm from. I never thought Seattle rentals are that high.
LOL yeah it sounds crazy...but for Seattle its not a surprise at all. Housing costs here are insane!
Affordability is relative, I’m from Vancouver BC and the rent is similar to Seattle except people earn about half the salary compared to Seattle, so I find it affordable
@@Olivievie oh man I have so many friends and family in Vancouver and it's INSANE the prices that you guys have to pay for housing! Hopefully the new tax laws on investors is helping bring it down a bit...
And this is why my boyfriend and I are leaving Seattle... To buy land out east for not even $100,000 and can get 30+ ACRES!!!
Yeah there are some great deals to be had not far out of Seattle! How Far East are you guys going? Love areas in the cascades range near North Bend and Snoqualmie!
@@Phamever , the Midwest. :)
@@miguelkeeler7747 Oh wow so it'll be a big move! :)
So useful information. I’m planning to move to Seattle and rent a town house too. Do you have any tip of finding newish townhouses for rent in Seattle? I’ve been looking through Zillow and it seems like all of available options for townhouses now are either very expensive or very dated. Thank you!!
Thank you! Glad to hear you've selected Seattle as your next home! Summer is usually a very expensive season to look for rentals or to buy so prices and quality of homes available will reflect that unfortunately. I would suggest if you can push off your move until the Fall or early winter, the prices will drop much more and the quality of homes will increase while the price will decrease! There are always surprises that come on the market so keep looking and be diligent about checking regularly - the good ones get snatched up real quick...good luck!
@@Phamever thank you :)
Awesome video, earned my subscription!
Thank you so much for your support! Looking forward to creating more good content for you and other viewers! :)
comment regarding bath tubes: i might have used my tub no more than 10 times in the last 4 years i have lived in my house. tubs are not that usefull to me.
Haha exactly why it’s such a debate nowadays since many people don’t use their bathtub much while others do!
Which neighborhood was the first home?
The first home is in North Beacon Hill - basically right at the border of it and Downtown Seattle!
Were each of these townhouse 3K ?
The first one was $3,450 which I decided to show so people can compare one that's a bit more expensive, but the second and third were all under $3k!
oohhh being savvy consumer and young: go up and down 3 floors :D
how much do u guys make to be able to afford 3k monthly xD ?
It’s not something I’m at liberty to disclose publicly as it involves info for other people, but let’s just we don’t have corporate executive incomes. Most working professionals in the city are paying $1,500/person on rent, so if you have roommates than you can afford more accordingly. Average income in Seattle for working professionals is around $50-60k/yr I believe.
I’ll be doing more videos on cost of living and budgeting by income for seattle so if you subscribe you’ll see when I upload new content!
you need usually 3 times rent in income so you would need to be making 8 or 9k a month, 100k per year. that could even be household so not that much if 2 people working
Affordable? Yeah if you work for a big tech company that has engulfed Seattle...lol...
I think affordability is relative - some of my neighbors in my building are chefs and live in more expensive units than mine (I’m in tech like you mentioned), others are self-employed professionals, etc. It’s not cheap compared to other cities, but for the average income here, $3k for a 1,500 sq ft townhouse with parking is a much better deal than $3,900 for a 2 bedroom 1,200 sq ft apartment with 1 parking space...
Right now an average 1 bedroom 600 sq ft apartment in Lynnwood (a suburb 20 miles north of downtown) is already running $1,500/month.
I’m not saying $3k for rent is a requirement to live in seattle (there are cheaper options), but the fact is that the townhomes I showcased ARE the best and cheapest prices for the square footage and quality of home you’re getting in Seattle at that price point.
Affordable??!!! 🤣🤣🤣
As I mentioned in the video and other comments - we all have different price points of affordability as we value things differently. ;)
You’re free to have your own affordability index based off where you live or what your perception of affordability is. The average income in seattle is much higher than other cities so the affordability benchmark is much higher than cities with lower average incomes.
When I graduated college in 2009 I was making $30k/yr and my rent was already $950/month. We are now 12 years later and my income is much higher and the city’s average income is much higher and tbh, if you had 3 roommates renting a $3k/month townhouse your rent would be pretty much the same as I was paying back in 2009…
So yea I’d say the price is pretty affordable ;)