Am I looking at BS rentals on Zillow for Lakewood?

Submitted by [deleted] t3_yk9c8q in lakewood

I hear everyone complaining about rent costs these days and I totally understand honestly. But I'm seeing quite a few listings in and around Lakewood for $700-900/month for 1 or even 2 bedrooms. Are these BS or are they dumps that are infested with roaches? One or two of them look really nice but of course they have "3x rent in income".

Idk if most of the landlords are asking for that in gross or net but asking in net is absurd to me. So you want 3x rent at $900. If that's net then how much an hour do I need to make? $20/hr? That's not an entry level wage. You're not renting me a house. You're renting 600 sq. Feet. Get real, lol.

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kevco13 t1_iusxdq1 wrote

900 a month at 3x wages is 32,400 a year. That’s 15.58 an hour. Pretty reasonable

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[deleted] OP t1_iusy578 wrote

At gross income yes. I make $16.25/hr. I'm not comfortable moving out on this wage when my rent is currently $300/month because I have one house mate. But I want my own space. So I'm going to be looking for another job.

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kevco13 t1_iut4e4f wrote

That’s fine. I was just letting you know. I think a lot of landlords are requiring that because they understand how expensive life is with student loans and everything else nowadays

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SpaceCorpse t1_iuup5mj wrote

There are decent quality apartments in Lakewood for $630~-$700, but not a lot. Just make sure to do your research and check the place out. I've lived on Clifton Blvd for years in decent, fairly large apts that are under $700. Generally in the large brownstone-style apartment buildings.

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nlewis4 t1_iutt5d1 wrote

They are legit and they've always been out there despite everyone complaining. I've noticed some of the bigger buildings have been lowering prices as well.

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[deleted] OP t1_iutwt4v wrote

>I've noticed some of the bigger buildings have been lowering prices as well.

That's good to see. I wonder what is causing them to lower the prices.

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nlewis4 t1_iutx7k2 wrote

Units staying empty because people won't pay the price gouging.

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[deleted] OP t1_iutz54c wrote

I'm glad to hear it though. I love that city. I live out of county and throughout the year my heart has pulled further and further from where I live now. Lakewood is like a second home to me now. I've been there a lot this year.

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nlewis4 t1_iuu0l7q wrote

The biggest issue with all the people complaining is most of them have unrealistic expectations. "What do you mean I have to pay $1200 a month for a 4 bedroom house for all my kids and dogs!!!?!?"

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[deleted] OP t1_iuu0vx5 wrote

Yeah I'm just looking for a decent one bedroom that isn't an arm and a leg to rent. Step #1 is finding a job closer to Cleveland that pays more than my current job. Then I'll go from there. Probably gonna start filling out applications next month. I stand to lose a lot of holiday pay if I switch too soon.

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ChadBangs t1_iuwe8xc wrote

I’m not sure I’ve ever seen a roach in the state of Ohio, and I’ve lived all over it, in several slum lord dwellings too.

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[deleted] OP t1_iuwqgdg wrote

Had them in my apartment when I was in college. They can be killed but them being there is problematic to begin with.

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illustratedspaceman t1_iuwmli3 wrote

People are shacking up and splitting rents. However the housing market in general is coming down after that boom this summer.

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[deleted] OP t1_iuwqpq2 wrote

It's a good argument for just one reason people get together. Splitting bills is always helpful. The problem is there's a lot of unsuitable partners.

>However the housing market in general is coming down after that boom this summer.

I'm glad to hear it. Shit needs to come down.

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illustratedspaceman t1_iux5fc8 wrote

My advice to anyone looking to buy is just hold right now, be patient and save save save. But then again, who knows. People say the market isn’t going to fall again. Just need to do some hard reading from like housing economics professors from well respected schools. Most of the Time it’s a gamble tho.

All I’m saying is be ready to purchase when the low market comes along. M

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[deleted] OP t1_iurxuvg wrote

[deleted]

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[deleted] OP t1_iurxws0 wrote

What seems reasonable?

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grilledcheeseandcats t1_ius165x wrote

It’s gross, not net. And typically the pictures make the houses look much MUCH nicer than they are in person.

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[deleted] OP t1_ius28f6 wrote

It would help to know what/who to avoid

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SteveStogers69 t1_ius7cdn wrote

Sounds like you need to increase your income my man

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[deleted] OP t1_ius7m5e wrote

I'm planning on looking for another job by the middle of next month. Just don't want to lose paid holidays the next couple months. Still. Most people know the cost of living is prohibitively high. I make well over minimum wage. It's insulting that Ohio minimum wage is even $9/hr. Idk anyone my age that would work for that kind of money. Should be illegal past a certain age anyway.

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Critical-Series t1_ius946v wrote

I mean I think you could walk in to Chipotle and get close to $20 an hour right now. The Rocky River location regularly has to close the inside because no one will work. Nobody is working for $9 even in unskilled positions

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[deleted] OP t1_iusufgc wrote

Chipotle is probably no better than McDonald's. Probably terrible to work for. I'm in manufacturing and while factories can suck they classically paid better than fast food. And the work is often less stressful. I worked at mcsuckalds. It was BS.

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Critical-Series t1_iusvibs wrote

Just sayin, companies need workers. Get yours

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[deleted] OP t1_iusydgy wrote

I found out back in summer that they're lying about how much they need workers. I put out quite a few applications and heard back from one. They're not as desperate for people as they say.

My coworker put 30 applications out and got like 3 inquiries.

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